Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »China Creates World’s Biggest Power Group with $271B in Assets
The new company resulting from the merger is expected to be named National Energy Investment Corp.
Read More »Rise in Iran`s Mideast Petrochem Market Share
Petrochemical sales account for 34.7% of Iran’s non-oil exports and 39.1% of industrial exports in terms of value in the period.
Read More »Norwegian Company to Provide Technology for Deep-Water Drilling at Azerbaijani Gas Field
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Iran to Sign 10 New Oil Contracts
All the talks are being run smoothly and none of the cases of negotiations is obstructing the others.
Read More »Egypt Signs 3 Contracts for Oil and Gas Exploration Worth $79 Million
American companies are an important partner and a key player in the production of oil and gas in Egypt.
Read More »ExxonMobil Completes Takeover of One World’s Largest Aromatics Plants
The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.
Read More »Exports from Iran`s South Pars Field Up 12 Percent
France’s Total signed a deal with Tehran last month to develop phase 11 of South Pars.
Read More »$6b Worth of Power Deals Since Sanctions Removal
Some 54 power units have gone on stream in the last four years.
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