Tag Archives: International Companies

The modified strain ended up being about 40 percent oil. compared to the 10 or 15 percent that would otherwise have been yielded in the same environment.

Russia and its state firm Gazprom cover one-third of Europe’s gas needs.

A second gold rush is taking place on a small island few people know about.

The country’s oil and gas resources management body will launch a tender for exploration licenses in the blocks by the end of June.

According to the Oil and Gas Authority (OGA). UK’s gas import dependency would rise to 78 % in 2035. compared to 48 % dependency estimated for 2017.

Lithuania aims to receive its cargo of US LNG at its terminal in Klaipeda port in the second half of August.

Eni and GE will work jointly to evaluate the feasibility of building a 50MW wind power plant and also in exploring further initiatives in Kazakhstan.

Brazil becoming a relevant exporter is complicating OPEC’s efforts to control prices through supply cuts.

The gas pipeline will stretch over a distance of about 1.100 km and will pump a total of 31.5 billion cubic meters of natural gas annually.

Eni offered some concession and agreed to lower the price to 11.99% of crude oil rate compared to 12.29% quoted in the tender.