Iran needs foreign investment for repairs and upgrading of its oil and gas fields.
Read More »Volkswagen Working on Gas-Powered Vehicles for Iran
As a cleaner alternative to gasoline and diesel fuel. CNG reduces tailpipe emissions and fuel consumption.
Read More »Samsung Heavy Industries Builds World’s Largest Containership with Intergraph Smart 3D
The MOL Triumph is the first of four 20.150 TEU vessels SHI is building for MOL.
Read More »MOL Willing to Participate in Iran`s Oil. Gas Sector
The NIOC has increased exports to European customers to 700.000 barrels per day.
Read More »Total Seeks Stake in Aramco
Taking part in the much-anticipated IPO of Saudi Arabian Oil Company. known as Saudi Aramco. is not off the table for oil major Total SA because it could be a good investment. the French group’s chief executive said on Thursday. “We may consider it.” Total’s CEO Patrick Pouyanne said. referring …
Read More »Russia Fostering LNG as Fuel for Oil Tankers
Since 2014. the spot price of LNG has dropped by two-thirds to $5.4 per million British thermal units as supply swelled.
Read More »First ATR Aircraft to Land in Mehrabad on Friday
The French-Italian ATR plane manufacturer has signed a deal with Homa to provide it with 20 planes.
Read More »Iran to Finalize Talks with Foreign Oil. Gas Majors
Linde executives point out that European banks are still cautious about doing business with Iran.
Read More »OPEC. Non-OPEC to Be Under Pressure to Extend Output Deal
Extension of the OPEC deal in May is quite likely. because OPEC and non-OPEC partners will be under pressure to extend it.
Read More »OPEC’s No.2 Plans Significant Raise in Crude Output Next Year
Iraq has started work on the third and final phase of the Halfaya oil field expansion.
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