Iran opened its energy market to foreign investment following the lifting of international sanctions in January 2016.
Read More »Venezuela`s PDVSA in Talks to Supply Gas to Neighbors
Venezuela injects most of the natural gas it produces back into oilfields to help maintain pressure and crude output.
Read More »European Union Holds Energy Talks in Tehran
Iran needs to expand power generating capacity by 5.000 MW annually. or 20.000 MW in four years.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »The End of Oil
World’s Largest Fund to Dump Oil Investments. Invest Away From Oil.
Read More »Is This The New Sweet Spot For Shale?
New Mexico may have cheaper prices and costs. but it also has some takeaway capacity and oilfield infrastructure constraints.
Read More »South Pars Exports over 4m Barrels of Oil in 8 Months
Iran has been ramping up crude oil production to win back its market share since sanctions were lifted in January 2016 under a nuclear accord with P5+1.
Read More »Saudi Non-Oil Revenues up 80% as Reforms Pay Off
The former statistic highlights ``the feasibility of the economic reforms`` underway.
Read More »IEA: India Became Third Largest Nation for Energy Investment in 2016
China remained the largest destination of energy investment. taking 21% of the global total.
Read More »Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
Saudi Aramco has been building refineries integrated with chemicals to boost their economics by adding high value products to the supply chain.
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