Russia’s special commission on Foreign Investment approved Schlumberger to buy a stake of 25% to 49% in Eurasia Drilling.
Read More »Shinzo Abe Praises Relations with Oil-Rich UAE
About a quarter of all oil imports for Japan come from the UAE.
Read More »China. NIOC Sign MoU on LNG Plant Construction
The cooperation can to a great extent help push Oil Ministry'.s plans on boosting gas exports.
Read More »NPC is Ready to Support Petchem Investors. Licensors
Iran ranks first in the world'.s gas reserves and fourth in the world'.s oil reserves.
Read More »ADNOC. Austria`s OMV ink $1.5bn Offshore Agreement
The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.
Read More »Hydropower Units Launched in Kermanshah Province
The project. which has generated a large number of jobs in the area. is hoped to develop agriculture and industries.
Read More »Trump threat to Ditch Iran Deal Is Scaring off Oil Traders
Iran’s current exports are more than twice what they were before energy sanctions were eased in January 2016.
Read More »Drilling 17 Wells in Azar Oilfield Underway
Azar holds 2.5 billion barrels of in-place oil. but new reservoir studies on the field suggest a much higher figure of 4 billion barrels.
Read More »Aramco. Total Eye Saudi Petrol Station Market
Other large energy majors are looking to divest distribution assets and focus more on core exploration activities.
Read More »Gazprom Plans to Build a $ 20 Billion Plant Near the Baltic Sea
The estimated cost of the project is nearly $ 20 billion. adds Vedomosti'.s interlocutors.
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