The network operates 60 petrol stations in Ukraine. as well as two ``Baku-1`` oil bunkers in Kiev and ``Ganja`` in Odessa.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Minister: We are not Advocate of High Oil Prices
Iran has always been seeking reasonable prices for oil which will encourage the producers to produce more oil and therefore stop the global market from destabilization.
Read More »Iran Starts Gas Production at South Pars 14
South Pars Phase 14 development project is being implemented by the employer POGC with the goal of producing 56.5 million cubic meters of sour gas per day and 75.000 b d of gas condensate.
Read More »India’s Oil Production Fell for the 6th Straight Year in 2017-2018
Domestic natural gas production in 2017-2018 grew by 2.35 % to 32.64 bcm as compared to the year ago period.
Read More »Siemens Presents Energy Storage System for Offshore Use
The BlueVault is designed to help ensure continuity of power and to minimise carbon dioxide (CO2) emissions. the company noted.
Read More »Shell-CNOOC JV Launches 2nd Ethylene Cracker
The new ethylene cracker will increase the ethylene capacity by around 1.2 million metric tons per year.
Read More »President: Indonesia Hadn`t Invested Enough in Exploration
Indonesia announced four winners from five blocks in a direct offer tender on Wednesday.
Read More »Oil Heads for Monthly Gain on Iran Risks and as OPEC Clears Glut
Concerns rise that US exit from nuclear deal with Tehran will result in sanctions on Iranian oil and reduced exports.
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.
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