Saudi Arabia has been making contingency plans for a possible delay of the IPO. expected to be the largest in history.
Read More »Indonesia`s Drive to Reduce Oil Imports a Boon for Producers
With oil demand at about 1.2 million bpd and production at about 800.000 bpd. investors in Indonesia’s oil and gas sector will have a big supply gap to fill.
Read More »India Offers $11bn to Develop Iran’s Farzad B Gas Field
The investment includes $5.8 billion for developing Farzad B and another $5 billion to build a facility to liquefy the gas and export it as liquefied natural gas (LNG).
Read More »Up Against Germany. EU Bid for Gas Talks with Moscow Falters
Merkel says she sees no need for the EU to get involved. and her government has sought assurances from Moscow that it will keep pumping gas through Ukraine after its gas transit contract expires in 2019.
Read More »German Firm Starts Construction of Solar Power Plant in Iran
A German-Iranian company started construction of a new solar power plant in Meybod region located at central province of Yazd.
Read More »Construction of Turkey’s First Nuclear Power Plant to Start in Late 2017
The agreement was signed at the 9th international forum ATOMEXPO 2017 in Moscow in June.
Read More »$5 Billion in Oil. Gas Recovery Projects Planned for 2 Years in Iran
Tehran has signed a raft of agreements with the likes of Eni. Shell. Schlumberger. Lukoil. Wintershall and OMV to study and potentially develop its massive oil and gas deposits.
Read More »Russia and China Continue to Boost Oil Ties
Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.
Read More »Iraq and Iran Boost Oil Exports in Sales Battle with Saudis
OPEC is to meet in November to discuss a possible extension of the deal beyond March.
Read More »Saudi Aramco Exploring Investment. JV Options in India
Saudi Aramco’s commitment to invest in India’s energy sector comes in the wake of the complete removal of subsidy and administered pricing of auto fuel since October 2014.
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