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East Anglia Three will be located 69 kilometres off the coast of Norfolk and it will supply energy to around one million homes.
Read More »Spanish Firm Given Permission for Massive Wind Farm in BRITISH Waters
Egypt Signs New Gas Deal with Mitsubishi Hitachi
The project. worth 12 billion yen. will be through a sector soft loan from Japan'.s Official Development Assistance (ODA) that will be paid over 40 years. including a 10-year grace period.
Read More »Saudi Aramco Awards First Contract for Planned Shipyard Complex
Aramco. which is leading construction of the shipyard. did not reveal the value of the contract.
Read More »Iran. Turkey. Russia Sign Deal on Investment in Oil. Gas Fields Development
This is a landmark agreement for the Iranian petrochemical industry. the first trilateral investment deal the country'.s company has closed with foreign partners.
Read More »EIA slightly lowers forecasts for OPEC oil supply
OPEC crude oil production is expected to average 32.53 million barrels per day in 2017 and 32.96 million barrels per day in 2018.
Read More »Russian Oil Conglomerates Help Venezuelan President Maduro to Stay in Power
The Russian loan was formalized as a prepayment for the purchase of Venezuelan oil.
Read More »Europe`s Biggest Oil Refinery Plans to Restart Key Unit
Shell will try to restart a crude distillation unit at the Pernis refinery in Rotterdam.
Read More »Aramco Signs Major Deal for Maritime Industries Complex
The complex is in line with the kingdom’s economic diversification objectives.
Read More »Siemens Starts Field Tests of High Efficiency GT Technology
Driven by digitalization. speed in technology development is rapidly gaining momentum in the power generation arena
Read More »Rosneft Lent Venezuela`s State Oil Firm a Total of $6 Billion
Rosneft also plans to close the deal to buy a stake in India'.s refiner Essar Oil in the coming days.
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