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Statoil stepped up exploration efforts this year. focusing on the Barents Sea.
Read More »Technology Dispute Interrupts Statoil`s Arctic Drilling Campaign
Poland will Replace Russian Gas Supplies with Imports from North
The Baltic Pipe. which is set to stretch 230 km. will transport gas to Poland from Norway via Denmark.
Read More »UAE`s Enoc Pays Iran $4 Billion in Oil Dues
Emirates National Oil Company has paid dues as part of its debts owed to Iran for pre-sanction oil and gas purchases.
Read More »Oil Prices Slide
The pain for OPEC will increase to such a point that 100% compliance is unrealistic.
Read More »SOCAR Seeks Cooperation in Caspian Joint Projects
The Caspian region is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production.
Read More »Gazprom Hope to Settle Antitrust Problem with EC
Gazprom shipped 103.6 billion cu m natural gas to Europe between October 2016 and March 2017. an 18-percent annual increase.
Read More »Putin. Saudi Prince Praise Dialogue on Oil. Syria
Last December. Russia and 10 other non-OPEC nations agreed to join OPEC'.s output cuts for the first time in 15 years.
Read More »Tehran. Moscow in Warm Oil Talks
Iran has so far signed memoranda of understanding (MoUs) with four Russian companies for developing its oil and gas fields.
Read More »15% Companies First Time to Attend Caspian Oil & Gas Exhibition in Baku
The conference. timed to the exhibition. will be attended by over 400 delegates from 30 countries.
Read More »Global Oil Giants Invited to Tender for Iran`s Major Oil Projects
The Azadegan field has oil-in-situ reserves of about 33.2 billion barrels and recoverable resources are estimated at about 5.2 billion barrels.
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