The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.
Read More »New Iran Commission to Oversee Total Gas Deal
The deal with Total increases Iran'.s energy security and is likely to encourage other foreign companies to invest in Iran.
Read More »Saudi Aramco CEO Believes Oil Shortage Coming Despite U.S. Shale Boom
Despite U.S. production records. Saudi Aramco CEO Amin Nasser believes shale oil won’t be enough to prevent a future shortage.
Read More »Erdogan Warns Oil Companies Over Projects with Greek Cypriots
Total TOTF.PA won an offshore exploration license from Cyprus for drilling this year.
Read More »Iran Exports $55B Worth of Oil. Gas. By-Products Per Year
Iran’s average oil and oil product exports stood at 2.224 million barrels per day in last fiscal year. 41.3 percent more year-on-year.
Read More »Iran Expects Sharp Increase in Gas Output. Exports
France'.s Total signed a deal earlier this month to help Iran increase gas output from the giant South Pars gas field. which the country shares with Qatar.
Read More »Total Makes Clear Qatar Rift Will Not Dictate Business Deals
Total however also has large projects in Saudi Arabia and the UAE. highlighting the complexity of investing in the Middle East.
Read More »Russia Welcomes US LNG Supplies to Europe
In June. the White House said that the United States is determined to become be a global player in exporting LNG.
Read More »Total Deal Opens New Chapter in Iran Energy Diplomacy
Iran’s annual petrochemical production capacity stands at 62 million tons and by the end of this year.
Read More »Iraq Drills First Well in Huwaiza Oil Field Near Iranian Border
OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.
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