Aramco will take a 50% stake in select ventures and assets in the refinery and petrochemical integrated development project developed by Petronas.
Read More »Saudis Prefer $60 Oil in 2017
OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »Russian Companies Interested in Develop Iranian Oil Fields
The tender is organized by National Iranian Oil Company (NIOC).
Read More »SOCAR Drills New Wells in Caspian Sea
SOCAR drilled 11.150 meters in January 2017. as compared to 9.810 meters in the same month of 2016.
Read More »Pertamina Submits Oilfield Development Plan
Iran can draw on Pertamina'.s experience in this field.
Read More »Iran Invites Limited Tender for Azadegan Expansion
An MoU had been inked with Pertamina over boosting recovery factor in two oilfields.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »Total in Talks to Buy Iranian LNG Project
Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.
Read More »Novak Confirms Russia to Buy Iranian Crude
Russian companies have begun the construction of two new nuclear power plants in south Iran.
Read More »Iran Insists on Tendering Oil. Gas Development Projects
The giant South Azadegan oilfield that is shared with Iraq. will be the first field to be tendered.
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