JCPOA reflects a culture of cooperation to ensure the peaceful use of nuclear energy.
Read More »Turkey. Russia to Mull Energy Issues
An intergovernmental agreement between Russia and Turkey on cooperation in construction and operation of the Akkuyu plant was signed in 2010.
Read More »European Union Holds Energy Talks in Tehran
Iran needs to expand power generating capacity by 5.000 MW annually. or 20.000 MW in four years.
Read More »Gazprom Speaks Out Against OPEC Production Cut Extension
A possible six-month extension proposal from Russia is shorter than the market is largely expecting.
Read More »Saudi Arabia Steps Up Oil Diplomacy Ahead of OPEC Meeting
The Saudi OPEC governor and Saudi national representative at OPEC are in communication with many countries to invite them to the meeting.
Read More »Baker Hughes Signs Power Generation Deal with Iraqi Firm
The Halfaya oilfield was discovered in 1976 with 4.1 billion barrels in reserves and is situated in the southern part of Iraq .
Read More »Airbus. Facebook Partner on HAPS Connectivity
Hansell said Facebook wants to use the solar powered drones to connect up to 66% of the planet’s remote areas that feature outdated or no internet service at all.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »Oil Price Drop Imminent If Moscow Says “No“ To Extension
Reports emerged last week that Russia is considering a delay on the decision to extend the cut.
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