The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.
Read More »Trump’s Approach Undermines Viability of Diplomacy
Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.
Read More »U.S. Oil Service Firms Face Hit from Venezuela Debt Restructuring
Schlumberger has about $700 million at risk. including receivables and a promissory note for past work.
Read More »Novatek Signs Chinese Deals for Arctic LNG 2
As with Yamal. natural gas will be exported via the Northern Sea Route.
Read More »India`s ONGC Seeking Oil Assets in Several Countries
Iran has modified its petroleum contract model. ending a decades old buy-back system that barred foreign firms from booking reserves or taking equity stakes.
Read More »Iran. Serbia Seeking to Boost Tourism. Energy Cooperation
A surge in Iran-Serbia trade and economic and technical collaboration will benefit both nations.
Read More »Russia Aims To Dominate Middle East Energy
The massive size of the agreements is a very important data point for western oil and gas firms. which have been jockeying for a position in Iran’s high-potential petroleum sector.
Read More »Petrobras Begins Negotiation with BP towards Strategic Alliance
For Petrobras. the achievement of partnerships is an important strategy of the 2017-2021 Business and Management Plan.
Read More »Russian LNG Unfazed By U.S. Sanctions
Oil giant Rosneft has also planned to venture into LNG. and signed in May 2014 a preliminary deal with ExxonMobil to cooperate on the Far East LNG project.
Read More »TurkStream to Deliver First Gas to Turkey in 2019
The project. which has a minimum life expectancy of 50 years. has already had one of its EIA reports while other studies on its environmental and safety impacts still continue.
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