Shell welcomed the ".important milestone". toward the completion of the deal which is expected in the second half of this year.
Read More »BP Keeps Azerbaijan’s Proved Oil Reserve Estimates Unchanged
Oil production in Azerbaijan stood at 826.000 barrels per day. or 1.6 percent less than in 2015. according to the report.
Read More »IEA: Qatar Sanctions May Affect Tanker Loadings
Qatar pumps just over 600.000 barrels a day of crude and exports some 500.000 barrels a day. almost exclusively to Asia.
Read More »Persian Gulf Star Refinery Up and Running
The refinery'.s output level is rising progressively and its isomerization unit will go on stream next week.
Read More »Siemens to Design New Turbine for 400MW Duke Energy Plant Expansion
The expansion will enlarge Duke’s Lincoln Combustion Turbine Station and allow for the production of enough additional peaking energy to meet Duke Energy customers'. needs in the Carolinas by 2024.
Read More »Former US official Urges G5+1 to Remain Committed to JCPOA
Iran as a country which had made significant progress in nuclear technology.
Read More »EU Confident US Will Stick to Nuclear Deal
European foreign policy chief. Federica Mogherini. said she is confident the United States would stick to the 2015 Iran nuclear deal. because the agreement is working.
Read More »Shale Gas Giants Battle for Dominance as U.S. Supplies Surge
As natural gas prices rebound from last year’s historic lows. output from the Marcellus shale basin in the U.S. East and the Permian reservoir in Texas is driving a rebound in America’s production of the fuel.
Read More »Iran`s Deal with Russia Bypasses US Dollar Through Bartering
The biggest obstacle to Iran reintegrating into the global financial system is the remaining US sanctions.
Read More »Moscow – Ankara Gas Pipeline to Strengthen Russia in European Market
Turkey occupies a strategic location and acts as a bridge between Europe. the Middle East and Central Asia.
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