Iran will continue to rank first to third among main energy players in the world.
Read More »Russia. Saudis See Oil Inventories Falling After Price Drop
Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.
Read More »SOCAR Methanol Eyes to Double Sales in Azerbaijan’s Market
The need to transfer AzMeCo to SOCAR arose due to AzMeCo’s debts to the International Bank of Azerbaijan.
Read More »No Immediate Need to Adjust Oil Pact
Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.
Read More »Oil Majors Submit Surveys to Develop Iran`s Azadegan
Tehran is looking to ramp up its crude output and with 37 billion barrels of oil.
Read More »India Eyes Investment in Iran`s Farzad B Gas Field
Farzad B was discovered by OVL in the Farsi block about 10 years ago.
Read More »Iran`s Aseman Airlines Finalizes Contract to Buy 60 Boeing Passenger Planes
Boeing 737 MAX planes - that would enter service in the second half of 2017 – have a passenger capacity of 130 people and are specifically adequate for domestic and regional flights.
Read More »Special Conditions for Nord Stream 2 to Harm EU Private Investment
Nord Stream 2 project presumes the construction of two gas pipelines with a combined annual capacity of 55 billion cubic meters of gas.
Read More »Eni Begins Oil Production in Ghana Three Months Ahead of Schedule
Ghana had sustained growth of at least 8 percent until 2013 partly due to the revenues from oil.
Read More »Toshiba to Pay $3.7 Bil. in Guarantees to U.S. Utility Firm
Under the agreement sealed Friday. Toshiba will pay parent-company guarantees to the U.S. utility firm in installments from October this year through January 2021.
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