The SOCAR is Azerbaijan’s largest oil and gas company and AzMeCo’s activity is focused on petrochemical projects development.
Read More »Oil Major Total Marks Return to Iran with Gas Field Deal
Total and the National Iranian Oil Company (NIOC) signed a deal to develop phase of 11 of South Pars. which is the world'.s largest gas field.
Read More »Saudi Arabia Considers Plan for Airport Stake Sale
The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.
Read More »Oil Major Shell Dips into Power Market
Shell Energy North America (SENA) has agreed to buy power services company MP2 Energy.
Read More »Statoil Kicks-Off North Sea’s Mariner Heavy Lift
The lifting marks a new period for this project.
Read More »S. Korean Gas Giant Signs Agreement with Sempra`s LNG Project in Texas
LNG imports could also ease trade tensions between South Korea and President Donald Trump. The U.S. ran a $17 billion trade deficit in goods and services with South Korea in 2016.
Read More »Iranian Gas will Strength Iraq in Saudi Market War
Iraq. which overtook Iran as the second OPEC producer when Tehran was slapped with intensified sanctions. exported 3.93 million barrels a day in May.
Read More »France’s Total Wants Investment in Iran’s Petchem Industry
The South Pars 11 project will have a production capacity of 1.8 billion cubic feet per day. or 370.000 barrels of oil equivalent per day.
Read More »NPC Expects China to Clear Petrochem Payments
The problem associated with China'.s payment for its petrochemical imports from Iran has now reached a point that requires negotiations between senior officials from both sides.
Read More »Iran’s Exports to EU See Huge Rise
Germany is Iran’s largest trade partner in Europe.
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