The project would be 45 percent owned by Rosneft and 55 percent owned by Pertamina.
Read More »France`s Total to Invest $2bn in Qatar`s Al-Shaheen Oilfield after Stake Award
State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »Construction of Qeshm Solar Power Venture Initiated
Foreign investors have submitted investment proposals worth a total of $3.6 billion to develop renewable projects in Iran.
Read More »Mexico Gives Pemex Two More Years to Explore 101 Oil Blocks
Under Mexico’s energy reform of 2013. the government opened oil and gas exploration blocks to international investments for the first time in more than 70 years.
Read More »China Builds Methane Hydrate Venture in South China Sea
China is not the only country that is testing ‘fire ice’ deposits discovered in their waters.
Read More »Saudi Aramco. SABIC Launch Bidding at Key Chemical Project
The project is strategic for Saudi Arabia. which plans to expand further into the petrochemical chain to export more end products and grow beyond oil.
Read More »Petronas Keen to Buy Stake in IOC’s LNG Terminal
Mundra will be the second LNG project of Adani where IOC is investing.
Read More »Shell Adds LNG Bunker-Supply Capacity in Europe with Charter and New Vessel
LNG as a marine fuel has an important role to play in the future energy mix
Read More »Statoil Starts Drilling on the Verbier Prospect. UK North Sea
JOG and CIECO hold 18% and 12% interest in the P.2170 Licence respectively.
Read More »Austria`s OMV to Make Conclusions on New US Sanctions Against Russia
The new US sanctions are supposed to limit the financing period for sanctioned Russian banks to 14 days. and for sanctioned oil and gas sector companies to 60 days.
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