Tag Archives: International News Agency

The report argued that renewables will satisfy only one per cent of the world’s energy needs in 2017.

OPEC oil basket’s price stood at $44.23 per barrel on June 27. or $1.09 more than on June 26.

The wells included 14 delineation wells one exploratory and 27 repairing ones.

A second gold rush is taking place on a small island few people know about.

The country’s oil and gas resources management body will launch a tender for exploration licenses in the blocks by the end of June.

According to the Oil and Gas Authority (OGA). UK’s gas import dependency would rise to 78 % in 2035. compared to 48 % dependency estimated for 2017.

Qatar and Russia have long been rivals in global gas markets.

Eni and GE will work jointly to evaluate the feasibility of building a 50MW wind power plant and also in exploring further initiatives in Kazakhstan.

The gas pipeline will stretch over a distance of about 1.100 km and will pump a total of 31.5 billion cubic meters of natural gas annually.

The South Pars oil layer is located 130 kilometers off Iran'.s coast in the Persian Gulf with an estimated 7 billion barrels of oil in place.