Managing Director of Iranian Gas Transmission Company (IGTC) Saeed Tavakkoli announced that the country'.s experts have managed to repair the German-made Siemens gas turbines using indigenized know-how.
Read More »BP`s Tankers Avoid Strait of Hormuz
The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »OPEC Oil Output Hits Lowest since 2011
The biggest supply drop came from Saudi Arabia. which has cut supply even further below its OPEC target in a bid to reduce oil inventories.
Read More »Egypt Signs MoU with US on Oil Sector Cooperation
Egypt aims to become a regional gas hub for the trade of liquefied natural gas after major gas discoveries in recent years.
Read More »Boeing VTOL air vehicle prototype makes first flight
The PAV utilizes four sets of rotors for vertical takeoffs and landings. along with a rear propeller for forward flight.
Read More »Saudi Arabia’s First Utility-Scale Wind Farm
The 400MW project will also be the largest project of its kind in the Middle East.
Read More »Virgin Media Sourced 100% Renewable Power in 2018
It has become the latest organisation to join The Climate Group’s RE100 initiative.
Read More »Stranded Iranian Vessel Heading Back Home from Brazil. 2nd Ship to Follow
Brasilia and Tehran have long enjoyed a good history of political and economic relations.
Read More »India`s Oil Imports from Venezuela Hits Record Amount amid US Sanctions
The sanctions had driven away most of the country'.s foreign customers and operators.
Read More »North Sea Oil and Gas Projects Boosted by Farm-Out Deals
Two North Sea farm-out deals were announced today in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
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