Petronas will continue to focus on growing its crude oil business which now contributes to 80% of its $1.5 billion revenue from India.
Read More »Iran. Turkey. Russia Sign Deal on Investment in Oil. Gas Fields Development
This is a landmark agreement for the Iranian petrochemical industry. the first trilateral investment deal the country'.s company has closed with foreign partners.
Read More »Reappointment of OPEC Veteran Zanganeh as Oil Minister Echoed in the World Media
Iran was OPEC’s second-biggest supplier at the time of Zanganeh’s dismissal.
Read More »Egypt. Russia `Complete Daba`a Plant Talks`
Construction work at the plant to be built near the city of El Alamein. is expected to create 20.000 jobs.
Read More »New Air BP Aviation Fuel Depot for Essendon Airport
This project is made possible by Air BP and Essendon Fields sharing a vision that growth in aviation requires a competitive fuel service.
Read More »Glittering Prospect of Energy in 12th Administration
One of the key achievements of 11th administration was signing a nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) that increased investment in oil. gas and renewables sector.
Read More »Iran Attracts $15bn in New Oil Deals
The deal for phase 11 of the field marked the first by a major global energy company signed with Iran since the easing of sanctions against Tehran in January 2016.
Read More »Russia to Increase Gas Production in Far East by 250% by 2035
The production of gas in the region increased by 10 percent over the past five years and reached 32.8 billion cubic meters of gas.
Read More »Oil and Gas Added $1.3 Trillion to The U.S. Economy in 2015
Oklahoma. Wyoming. North Dakota. and Texas held the highest proportion of jobs directly related to the oil and gas supply chain.
Read More »Iran Signs Petrochem Deals with Major European Companies
Talks revolve around the transfer of technology and investments in several petrochemical projects in Iran.
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