Eurasia project involves the exploration of deep laying horizons of the Caspian Basin.
Read More »OPEC Members Greet Rouhani Victory in Election
OPEC and non-OPEC countries agreed to extend production cuts for nine months.
Read More »Iran Needs to Develop Gas Projects
Currently. Iran has agreements with Iraq and Oman to supply 28 bcm y of gas.
Read More »Shell Will Test Energy-Generating Kites This Summer
Power-generating kites backed by Royal Dutch Shell Plc. Schlumberger Ltd. and EON SE will start tests in the U.K. this summer. with the aim of developing a technology that could eventually replace offshore wind turbines. Kite Power Systems. known as KPS. is working on a 17-meter device that flies on …
Read More »Use of Ka-62 Helicopter for Arctic Projects
Russia’s Industry and Trade Ministry plans to sell 365 cutting-edge Ka-62 helicopters by 2030.
Read More »Tanzania and Uganda Deal for World`s Longest Heated Pipeline
Uganda estimates overall crude reserves at 6.5 billion barrels. while recoverable reserves are seen at between 1.4billion and 1.7 billion barrels.
Read More »14 Oil. Gas Fields Discovered in Iran in 4 Years
As of 2013 nine gas fields were discovered with total in-place reserves of 1.7 trillion cubic meters.
Read More »Saudi Energy Minister Confident Oil Output Deal Will Work
Late last year. the 24 countries. including the OPEC and Russia. agreed to cut production by 1.8 million barrels per day in order to reduce global oil inventories.
Read More »Asian Energy Firms Sink as OPEC Output Deal Disappoints
The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.
Read More »Aramco `will Spend $18bn on Americas Growth`
Saudi state giant to focus on US refining offshoot Motiva in five-year Americas growth plan.
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