Tehran has signed a raft of agreements with the likes of Eni. Shell. Schlumberger. Lukoil. Wintershall and OMV to study and potentially develop its massive oil and gas deposits.
Read More »Baku to Host Biggest Oil Refining and Petrochemistry Conference in Central Asia
SOCAR specialists will provide detailed information about the implementation of current and further development projects as part of the technical session in Sumgait on November 30.
Read More »A Stronger OPEC Needs Russia
OPEC realized the importance of working with Russia two decades ago. but the Russians did not understand the importance of working with OPEC until lately.
Read More »Russia and China Continue to Boost Oil Ties
Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.
Read More »Iraq and Iran Boost Oil Exports in Sales Battle with Saudis
OPEC is to meet in November to discuss a possible extension of the deal beyond March.
Read More »European Council Adopts New Regulation on Gas Supply Security
This regulation. as well as the decision regarding intergovernmental agreements (IGA".s). are two of the main building blocks of the Energy Union strategy.
Read More »OPEC Chief Says Floating Storage Is Shrinking
Crude oil in floating storage is declining. showing that the market is rebalancing.
Read More »China to Build World’s First High-Temperature Gas-Cooled Reactor Power Plant
The demonstration power plant. which is an updated version of the country’s 10 MW HTRG Test Module designed by Tsinghua University. kicked off its construction work in 2012.
Read More »Gazprom. Petrofac Sign 3-Year Kurdistan Deal
Petrofac’s works will be directed towards a debottlenecking operation to expand the Sarqala field’s central processing facility.
Read More »Rosneft Aims to Up Oil Exports to China Through Kazakhstan
Kazakhstan’s energy ministry said Rosneft has not officially applied for an increase in transit volumes to China.
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