North Drilling Company specializes in drilling oil and gas wells in the Persian Gulf. Caspian Sea. Turkmenistan and the Iranian provinces of Khuzestan. Ilam and Bushehr.
Read More »Turkish Stream Enters Turkey`s Exclusive Economic Zone
The Turkish Stream project envisages building a gas pipeline along the seabed of the Black Sea to the European part of Turkey and farther on to the border with Greece.
Read More »Total to Comply with any US Sanctions on Iran
Total is awaiting a US Congress decision on whether the Iran nuclear agreement is in line with the American interests. Pouyanne said last month.
Read More »Saudi`s Falih Calls for More Work to Cut Global Oil Inventory
Russia and Saudi Arabia are leading a deal between OPEC and non-OPEC producers to cut global oil production. with the aim of propping up oil prices.
Read More »Russian Gazprom Shows Loss for First Time in 19 years
According to Interfax'.s calculations. based on Gazprom’s data. the amount of the loss was $157.8 million.
Read More »Russia Aims To Dominate Middle East Energy
The massive size of the agreements is a very important data point for western oil and gas firms. which have been jockeying for a position in Iran’s high-potential petroleum sector.
Read More »Iran to Upgrade Iraq`s Electricity Facilities
Iraq has to pay 850 million dollars to Iran for exports of electricity.
Read More »Petrobras Begins Negotiation with BP towards Strategic Alliance
For Petrobras. the achievement of partnerships is an important strategy of the 2017-2021 Business and Management Plan.
Read More »The Remarkable Recovery of Big Oil
The other oil majors. by and large. also appear able to cover their capex and dividends with their cash flow. or at least are coming pretty close.
Read More »Is This The Cure To Saudi Arabia’s Oil Curse?
The country hopes to double the number of tourists by 2020 from the 8 million expected this year.
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