SOCAR is the sole producer of oil products in Azerbaijan.
Read More »Gazprom May Exit Domestic Turkish Natural Gas Market
Last month. Gazprom began constructing the Turkish Stream natural gas pipeline off the Russian Black Sea coast.
Read More »Iran Trades Electricity with 4 Countries
Iran is the largest electricity producer in the Middle East with an installed power generating capacity of around 76.000 MW.
Read More »German Finance Minister Stresses Expansion of Banking Ties with Iran
Berlin is determined to broaden and bolster economic relations with Tehran.
Read More »Iran Ready to Cooperate with Other Countries in Energy Field
Among the important peculiarities of Eurasia zone is the presence of energy resources that can be used in the best manner.
Read More »South Korea`s KoGas in Talks with Cheniere for More LNG Supply
KoGas currently has offtake contracts with a number of LNG producers that are mostly located in the Asia Pacific and the Middle East.
Read More »Hindustan Petroleum Corporation Joins Talks to Buy Stake in Russian Oil Fields
In 2013. Vankorneft was chosen as an operator on development of new fields of Vankor Cluster located close to the Vankor field.
Read More »Rosneft Finds First Oil Field Offshore Eastern Arctic
Analysts say oil production in the region - apart from Prirazlomnoye - is years away and may start only in the mid-2020s.
Read More »NIGC Shifting Focus to Int’l Markets
Gas exports to Iraq have begun at a rate of 7 million cubic meters per day and will eventually increase to 18 mcm d in two years.
Read More »ExxonMobil Scientists Figured Out How to Turn Algae into Biofuel
The modified strain ended up being about 40 percent oil. compared to the 10 or 15 percent that would otherwise have been yielded in the same environment.
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