Eni offered some concession and agreed to lower the price to 11.99% of crude oil rate compared to 12.29% quoted in the tender.
Read More »Cheap Fuels Seen Lowering Electricity Rates in Japan
Japan has cut back on LNG imports two years in a row.
Read More »Fist Pakistan-Owned Wind Power Project Starts Operation
Pakistan and China have signed $57-billion worth of energy and infrastructure projects under the CPEC framework.
Read More »China Encouraged to Invest in Lebanon’s Oil Sector
There should be a roadmap for a solution in Syria and for that. all parties should put the interest of the Syrian state and people first.
Read More »Iran Resumes Gas Exports to Iraq
Iran has inked two separate contracts to export the product to Iraqi cities of Basra and Baghdad.
Read More »South Pars Output at 1.6m Barrels
The South Pars oil layer is located 130 kilometers off Iran'.s coast in the Persian Gulf with an estimated 7 billion barrels of oil in place.
Read More »Russia to Supply Fuel for Bushehr Nuclear Plant
The second and third Bushehr reactors. which are estimated to cost upwards of $10 billion. are scheduled for launch in 2024 and 2026 respectively.
Read More »China. India. Japan Hamper Asia Oil Demand Growth
The slide in oil prices continues as markets remain sceptical of OPEC´s ability to balance supplies.
Read More »Over 350 Energy Companies’ Chiefs to Take Part in East Russia Oil. Gas Forum
Over 350 chiefs of oil and gas companies of Russia. Europe and Asia will take part in the second East Russia Oil and Gas Forum.
Read More »IEA: Nuclear Must Remain in The Mix to Meet Global Carbon Goals
In both the United States and the European Union. nuclear energy is the largest low-carbon source of energy.
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