Venezuelan President has proposed giving majority shares and control of its oil industry to big international corporations. a move that would forsake decades of state monopoly.
Read More »SSEN Resubmits Plan for £709m Shetland Power Link
Ofgem rejected the proposal last October after SSEN failed to secure a Contract for Difference in the government’s auction for the Viking Energy Wind Farm.
Read More »New U.S. Limits on Huawei Suppliers Coming Soon. Ross Says
Commerce Secretary Wilbur Ross said new rules are coming soon that will put more limits on U.S. companies supplying China’s telecommunications leader Huawei Technologies Co.
Read More »India Surges Ahead in Global Solar Race
India has installed 31 gigawatts (GW) of solar capacity.
Read More »Iran Oil Takes Off for Mastering Technology
Iran’s petroleum industry has accelerated its development after dealing with tough conditions of sanctions over a decade and going into ups and downs.
Read More »Petchem Value Chain Completion Envisaged
A total of 15 petrochemical plants are affiliated with the Persian Gulf Petrochemical Industries Company (PGPIC).
Read More »Azadegan Up for Investment
South Azadegan is estimated to hold 25.6 billion barrels of oil in place.
Read More »Oil and Gas Industry Needs to Improve Climate Efforts
Reducing methane leaks to the atmosphere is the single most important and cost-effective way for the industry to reduce these emissions.
Read More »Brazil Stays out of OPEC to Maximize Its Output Expansion
Petrobras has a lot of oil and lot of areas to exploit. but it doesn’t have enough funds to prospect all these areas.
Read More »Global Oversupply Sets Up LNG for a Year of Record Low Prices
Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.
Read More »