The $768 billion U.S. chemical industry is the second largest in the world. with 15 percent of the global market.
Read More »BP Shifts from Defence to Offence in Q3
Oil major BP signalled a switch from ``defence to offence`` in its third-quarter profits update.
Read More »The Oil and Gas Industry Is Hiring Again
In the last three years. more than 440.000 jobs were wiped out in the industry.
Read More »Iran. Norway Sign Deal over Solar Power Project
The first phase of the capacity addition entails the implementation of 120 megawatts of capacity at an estimated cost of $120 million per 100 megawatts.
Read More »Total’s Delay on Gas Project Raises Doubts in Iran Parliament
Total has a 50.1 percent share in the 20-year deal. The state-owned China National Petroleum Corp. has a 30 percent stake and Iran’s Petropars has 19.9 percent.
Read More »New US Sanctions to Bar Americans from Arctic Offshore Oil Projects with Russia
The latest set of restrictions is being imposed over the conflict in Ukraine.
Read More »Oil Hits Highest Since Mid-2015 as OPEC Sticks to Supply Deal
Saudi Arabia and Russia are considering extending the agreement to potentially cover all of next year.
Read More »China may Exceed Greenhouse Gas Target by 2020
The programs cover industries of electricity. steel and cement. for a total of about 3.000 companies.
Read More »Nuclear Scientists Urge US Congress to Preserve Iran Deal
Trump has railed against the 2015 agreement. negotiated under his predecessor Barack Obama. describing it as a giveaway to Iran.
Read More »SOCAR in Talks with Pakistan over LNG Supplies
SOCAR Trading. headquartered in Geneva. was established in late 2007 by the State Oil Company of Azerbaijan.
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