Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC. supported by Russia and other non-members. began to reduce output a year ago to remove an oil glut built up in the previous two years.
Read More »Kuwait oil minister: not discussing exit strategy from supply cuts at Sunday meeting
Big Oil Hiring Women. but the Trouble is Keeping them
Seventeen percent of Conoco’s top leadership and 28 percent of its professional employees were women in 2016.
Read More »Next OPEC+ Ministerial Meeting Planned for April
Saudi Arabia’s energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018.
Read More »Toshiba Agrees to its Sell Westinghouse Nuclear Unit Assets to Boost Capital
The sale will end the Japanese conglomerate’s troubled foray into overseas nuclear power.
Read More »Algeria Considers Shale Gas Development
Algeria ranks third globally after China and Argentina in technically recoverable shale gas reserves.
Read More »Eni Launches World`s Biggest Industrial Supercomputer
The state-controlled firm has invested heavily in high-powered computing to give it an edge over rivals in exploration and get its resources to market faster.
Read More »Shell Buys Stake in Blockchain Start-Up
A blockchain is a digitised. decentralised. public ledger of all cryptocurrency transactions.
Read More »Gazprom to Build Second Line of Turkish Stream Gas Pipeline
Both lines of the gas pipeline will be put into operation before 2019 year-end.
Read More »Iranian Tanker`s Oil Slick Is Now the Size of Paris
Sanchi had held a million barrels of light condensate oil. which is highly toxic and flammable.
Read More »OPEC Concerned about US Shale Flooding Market
Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
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