The required investment in the project would be around $1 billion.
Read More »Shell CEO van Beurden says oil prices will be around $60 by the end of the decade
Van Beurden said forecasting oil prices in the short term was ".very difficult.". but he still expected gains.
Read More »How Far Will Turkey Go to Weaken Iraq`s Kurds?
Erdogan has to formulate a tough response to shore up the nationalists at home ahead of critical elections in 2019.
Read More »Iran Constructing 50MW Hydro and Solar Power Plants on Armenian Border
A hydro power plant is currently under construction close to the border with Armenia. where the 50MW solar power plant will be developed by Iranian firms.
Read More »Exxon Says It Will Reduce Methane Leaks from Gas Drilling
Shareholders have put pressure on Exxon. the nation'.s largest producer of natural gas. to confront the methane problem.
Read More »German Ex-Chancellor Schroeder Approved as Rosneft Board Chairman
Under the directive. Schroeder was nominated as a candidate for Chairman of the Board of directors of Rosneft.
Read More »Rick Perry Asks Oil Industry to Study Carbon Capture Technology
The former Texas governor said carbon capture and utilization had ``exciting potential`` and asked the industry group to offer policy and R&.D recommendations.
Read More »Venezuelan President to Take Part in Russian Energy Week
The Russian Energy Week is scheduled for October 4-7.
Read More »Statoil and Partners Plan Output Capacity Expansion at Norway`s Troll Gas Field
The other partners are oil majors Shell with 8.1 percent. Total with 3.7 percent and ConocoPhillips with 1.6 percent.
Read More »Iran Calls On OPEC to Sway Libya. Nigeria to Join Cut
Iran was also treated preferentially in the original negotiations.
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