Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
It has received backing from major companies including BP. Equinor. Shell. Siemens. Total and Wood.
Read More »Plans Unveiled for New £50m Net Zero Solution Centre
Private Companies may be Allowed to Develop Arctic Shale
Gazprom and Rosneft are developing large deposits on the Arcric shale at the moment.
Read More »Changes in Saudi Oil Management won`t Hurt Ties
Russia continues its coordination with the Organization of the Petroleum Exporting Countries (OPEC) on the global oil market.
Read More »China Considers Speeding up Shale Gas Drive
China'.s reliance oil and gas imports is growing too rapidly.
Read More »Saudi Arabia Replaces Aramco Chairman Ahead of Potential IPO
Aramco plans to float around five per cent of the state-owned company in 2020 or 2021.
Read More »Nord Stream 2 Consortium Insists Project will be Completed on Schedule despite Danish Delay
French energy giant Engie. Shell of the Netherlands. and two German companies. Uniper and Wintershall Dea. are all financing partners of the 9.5 billion euros project.
Read More »IKCO Car Production Volume Tops 136.000 in Five Months
Statistics showed that Iran Khodro Industrial Group (IKCO) manufactured 136.307 passenger cars in the first five months of the current Iranian calendar year (March 21 – August 21).
Read More »Hurricane Says Early Results from Lancaster Promising Despite Constraints
Hurricane Energy said today that production from its Lancaster field had been promising since the delivery of first oil in June. despite flowline constraints.
Read More »Iran to Begin SP.11 Development Before March 2020
An official with the National Iranian Oil Company (NIOC) said that the development project of South Pars Phase 11 would commence this Iranian calendar year (ending on March 20).
Read More »OPEC may Take Action to Stop Oil Price Slide below $60
Middle Eastern crude oil lifting fell sharply in July. with overall volumes down by more than 800.000 bpd.
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