Iran-Pakistan gas pipeline project (also called Peace pipeline) worth $7.5 billion has been discussed for years.
Read More »Armenia Interested in Energy Cooperation with Iran. Georgia. Russia
Armenia is ready to work in partnership with all world countries on providing transit of gas and electricity.
Read More »Saudi Aramco Partners with Hyundai. Lamprell and Bahri to Build GCC`s Biggest Shipyard
The deal will develop a world-class maritime yard within the King Salman International Complex.
Read More »Exxon Loses Key Climate Change Battle
ExxonMobil just lost a critical climate change battle even as the fate of the Paris accord remains in serious doubt.
Read More »OPEC Considers How to Coexist with U.S. Shale Oil
For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.
Read More »Iran Giving Turkey Free Gas for Past Debts
Turkey had called for a 62.5 percent decrease in the price of gas it imported from Iran five years ago.
Read More »Technology Dispute Interrupts Statoil`s Arctic Drilling Campaign
Statoil stepped up exploration efforts this year. focusing on the Barents Sea.
Read More »Poland will Replace Russian Gas Supplies with Imports from North
The Baltic Pipe. which is set to stretch 230 km. will transport gas to Poland from Norway via Denmark.
Read More »UAE`s Enoc Pays Iran $4 Billion in Oil Dues
Emirates National Oil Company has paid dues as part of its debts owed to Iran for pre-sanction oil and gas purchases.
Read More »Oil Prices Slide
The pain for OPEC will increase to such a point that 100% compliance is unrealistic.
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