Distributed generation is being embraced in China.
Read More »Saudi Aramco Oil Reserves Higher than Reported
The Aramco board meets next in early May in Houston. where they will review the latest IPO developments.
Read More »Saudi Arabia Gets 1st Solar-Powered Gas Station
Many Italian and international providers of gas and petroleum products have begun to switch to photoelectric energy to power their supply stations.
Read More »Construction of First Leg of Turkish Stream Gas Pipeline is Completed
Gazprom’s investments in the construction of the Turkish Stream gas pipeline for 2018 are planned at around 182.4 bln rubles.
Read More »Rising U.S. Rig Count Knocks Oil
U.S. President Donald Trump has until May 12 to decide whether to restore the sanctions on Iran that were lifted after an agreement over its disputed nuclear programme.
Read More »Schlumberger Approved to Buy Into Russia’s Eurasia Drilling
Russia’s special commission on Foreign Investment approved Schlumberger to buy a stake of 25% to 49% in Eurasia Drilling.
Read More »ADNOC. Austria`s OMV ink $1.5bn Offshore Agreement
The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.
Read More »Iraq Could Overtake Turkey by Importing More Iranian Gas
Basra. Iraq'.s second largest city. needs Iranian gas to feed its power plant.
Read More »Oil Prices Decrease. but Concerns Persist over Iran Supplies
Surging U.S. production. which rose to 10.59 million bpd last week. has encouraged record-high U.S. exports.
Read More »Oil Prices Rise on Iran Sanctions Worries
Trump will decide by May 12 whether to restore the sanctions. which would probably result in a reduction of Iranian oil exports.
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