Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »Global Wind Installations Fall 14 Percent in 2016
Almost every global market beyond China experienced growth in wind development.
Read More »Iraq in favor of Extending any OPEC-Led Oil Output Cut
Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.
Read More »Ukraine Interested in Boosting Energy Ties with Iran
A strategic plan for cooperation of Tehran and Kiev in energy and exchange of goods has been provided.
Read More »NIOC: IPC Tenders Postponed Due to Elections
The giant South Azadegan Oilfield near the Iraqi border has been singled out as the first field to be tendered under the new terms.
Read More »LNG Global Supply Glut May Persist Until 2020
Like its competitors across the upstream sector. PTT has been cutting the costs of production.
Read More »Pakistan to Overcome Energy Crisis in 6 Months
Pakistan would do away with the deficit gas production by importing 3bcfd by December 2018.
Read More »BP to Supply 16 LNG Cargoes Year to Indonesia`s PLN from 2020
This is one of six natural gas supply agreements worth a combined $5 billion.
Read More »Iran Sets New Terms for Gas Field Award
Farzad-B was discovered by OVL in the Farsi block about 10 years ago.
Read More »Azerbaijan Europe’s Reliable Partner in Energy Supplies
The initial capacity of IGB will be 3 billion cubic meters of gas.
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