Russia has already built a power plant in Bushehr in southern Iran.
Read More »Azerbaijan is Important in Diversifying Europe`s Energy Security
Azerbaijan is one of the key countries that partake in the SGC project.
Read More »Netherlands Phase Out Gas Production at Groningen by 2030
The Netherlands is building a conversion plant to make high-calorific foreign gas suitable for use in Dutch systems.
Read More »China Continues Exploration Oil Resources in East China Sea
China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.
Read More »IMF Urges Saudi Arabia to Contain Spending Despite Oil Price Rise
A rise in spending would expose the Saudi budget if there was an unexpected drop in oil prices.
Read More »UNIPEC to Resume US Oil Purchases
UNIPEC. the trading arm of Asia´s biggest refiner Sinopec is one of the largest buyers of U.S. oil.
Read More »After Trump Attack on Russia Ties. Merkel Eyes Azeri Gas
Trump has called Nord Stream 2 ``horrific``.
Read More »Russian Gas Supplies Optimal for Europe
Putin and German Chancellor Angela Merkel agreed that the Nord Stream 2 project must not be politicized.
Read More »Saudi Arabia will Borrow $12 Billion after Aramco IPO Stalls
Almost 16 banks are expected to participate in the lending process. with the lead banks to be selected later Thursday.
Read More »Kuwait will Reach Agreement on Shared Oil Field Development with Iraq
Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.
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