Tag Archives: Market

Cheaper natural gas prices this year are likely to cement Europe’s shift away from coal as a fuel for producing power.

Iran’s petroleum industry has accelerated its development after dealing with tough conditions of sanctions over a decade and going into ups and downs.

A total of 15 petrochemical plants are affiliated with the Persian Gulf Petrochemical Industries Company (PGPIC).

According to Police Commander of Qazvin Province. police forces have seized one tank-truck and discovered 30.000 liters of smuggled fuel in Buin Zahra County.

Petrobras has a lot of oil and lot of areas to exploit. but it doesn’t have enough funds to prospect all these areas.

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.

Offshore aviation transportation companies Bristow Group and Era Group announced that they entered into a definitive agreement to combine the two companies.

Exxon Mobil plans to start gauging buyer interest in its UK and German upstream operations in the coming weeks as the oil major continues.

Brazil. which became a net oil exporter last year. wants to expand its footprint in global energy markets without joining OPEC.

Economic conditions in the Gulf region are expected to moderately improve in 2020.