Despite U.S. production records. Saudi Aramco CEO Amin Nasser believes shale oil won’t be enough to prevent a future shortage.
Read More »Iran Aims to Rise West Karoun Output
The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.
Read More »Iran’s PSEZ `a Top Destination for Petchem Investment`
Development of petrochemical plants is one of the key issues on the Rouhani administration'.s agenda.
Read More »IEA: Global Energy Investment Falls by 12%
After two years of unprecedented decline. IEA expects global upstream oil and gas investment to stabilize in 2017.
Read More »Albayrak: Turkey A Reliable Partner for Energy Projects
TANAP is scheduled to begin carrying 16 billion cubic meters (bcm) of gas annually in 2018 or 2019 from Azerbaijan.
Read More »Spain`s Repsol and Gazprom Neft to Increase Their Collaboration in West Siberia
There was no immediate comment from Repsol on whether the MoU'.s focus would be predominantly on oil. or both on oil and gas.
Read More »Iran`s Petrochemical Commercial Co Opens London Office
Iran aims to attract more than $70 billion for dozens of new petrochemical plants in line with plans to double its petrochemical production capacity in five years.
Read More »Aramco Eyes Larger Slice of Chemicals Market
Annual report gives little away on IPO. but offers hints about downstream plans.
Read More »TAPPICO Development Projects Speeds Up
Iran’s oil refining capacity reportedly stands at around 1.8 million barrels per day.
Read More »Major UAE Projects Exemplify Renewables Push
This is an important occasion for Abu Dhabi’s development. and is represented by the launching of the world’s largest independent solar power plant.
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