Under the terms of the deal. NewMotion will continue business as usual as a wholly owned subsidiary of Shell.
Read More »Gazprom Neft Unhappy with OPEC-Russia Production Cut Deal
In Iran. Gazprom Neft has field plans to develop two oil fields— Changouleh and Cheshmeh Khosh.
Read More »Russia Refutes Allegation of Oil Supply to Taliban
The Times article indicates that Russia is funding Taliban movement in Afghanistan.
Read More »New European Company to Acquire Gas from Shah Deniz 2
Edison will acquire 100 percent of Gas Natural Vendita Italia (GNVI).
Read More »Saudi Aramco Denies It Is Planning to Shelve $2 Trillion Listing
The kingdom’s oil company dismisses reports it could drop huge international float in favour of private stake sales.
Read More »Tehran Hosts Water. Wastewater Exhibition
At least 30% of Iran'.s water and wastewater infrastructure require repairs.
Read More »Iran’s Light Crude Oil Prices Ease
Oil prices were buoyed in recent weeks by shutdowns in US refineries as well as Turkey'.s threat to cut off oil flow from Iraq'.s Kurdistan region.
Read More »Oil Prices to Be Unaffected by Trump Remarks on Tehran Policy
The oil market will not react to the statement of US President Donald Trump about Washington'.s new policy toward Tehran.
Read More »Turkmenistan to Build TAPI Gas Compressor Station Using Own Resources
Annual capacity of the gas pipeline will reach 33 billion cubic meters.
Read More »Iraq`s Kurdistan Shuts 350.000 bpd of Oil Output Due to Security
Iraq earlier warned Kurdish officials against shutting down Kirkuk oil flows.
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