Reacting to the Total’s statement. Iranian Oil Minister Bijan Namdar Zanganeh said Total will lose all of its investment if it pulls out of the deal.
Read More »Technology. a Pivot for Baker Hughes as GE Mulls Exit Options
The technology focus is expected to continue for the company. which has plans for launches this year.
Read More »Official Sees Oil. Gas Deals in 3-4 Months
Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »Russia-OPEC Production Cut Helps Oil Market Rebalance
The existing cuts have been extended till the end of 2018.
Read More »Clean Energy will Progress in 2018
EV sales will hit 1.5 million units in 2018. and again. China will lead the way with more than half of that total.
Read More »French Engie Supports Nord Stream-2 despite Sanctions
Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.
Read More »Iran Can Generate $12b from 6 South Pars Projects
Iran is currently in talks for signing 21 oil and gas contracts which will require an investment of 50 billion dollars by 2030 in the sector.
Read More »US Tries to strengthen its presence in Central Asia
Kazakhstan. US conclude a number of commercial contracts. including in the oil and gas sector.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »Saudi Arabia Progress Nuclear. Renewable Power
Kingdom’s first large scale nuclear plant to be commissioned in 2027.
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