Tehran plans to develop the South Pars oil layer under the framework of Iran Petroleum Contract.
Read More »US to Become Top 3 Liquefied Natural Gas Exporter in 5 Years
The cost of shipping liquefied natural gas from the United States to Europe remains high and requires sizable infrastructure investment.
Read More »Saudi Aramco Awards Marjan Oilfield FEED Services
Under the agreement. WorleyParsons will provide project management and FEED services.
Read More »Indian Government Refiners to Buy Less Iran Oil in 2017 18
India'.s state refiners have cut oil import plans from Iran by a quarter in the year to March 2018.
Read More »Saudi-Led Bloc ‘Drops Qatar Demands’
List of 13 demands on major LNG player replaced with call to accept six ‘broad principles’. reports say.
Read More »Russian Gazprom Starts Turkish Stream Pipeline`s 2nd String Construction
The Turkish Stream project was announced in late 2014 by Russian President Vladimir Putin during his state visit to Turkey.
Read More »Russia Objects to Further OPEC Restrictions
Russia will hold a ministerial meeting for several representatives of OPEC member states as well as a number of non-members in St. Petersburg towards the end of this month.
Read More »Total. YPF. BP Unit to Invest $1.15bn in Vaca Muerta Shale Formation
The investment to develop non-conventional hydrocarbons of Vaca Muerta. in the areas of Aguada Pichana and Aguada de Castro will be made through December 2021.
Read More »Iran`s Oil Exports to EU Stand at 1 mbd
Iran'.s crude oil and condensate exports to Europe has reached one million barrels per day.
Read More »Statoil Reports Small Gas Find Southeast of Snøhvit Field in the Barents Sea
This is the first exploration well in production licence 849. The licence was awarded in APA 2015.
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