Natural gas production was at 65.35 billion cubic meters (bcm) last month. or 2.11 bcm a day. versus 63.5 bcm in December.
Read More »Moscow May Not Comply with Further OPEC Cut
OPEC. Russia and several other major producers have cut their combined output by about 1.8 million barrels per day since January.
Read More »Petronet Looks to Buy Stake in Qatari LNG Projects
Petronet operates a 15 million tonnes per annum terminal at Dahej in Gujarat for import of LNG.
Read More »India`s ONGC Seeking Oil Assets in Several Countries
Iran has modified its petroleum contract model. ending a decades old buy-back system that barred foreign firms from booking reserves or taking equity stakes.
Read More »Iran`s Decision on Changuleh Joint Oilfield
Tehran aims to sign 10 new oil and gas deals by the end of the current fiscal year (March 20. 2018).
Read More »India Offers $11bn to Develop Iran’s Farzad B Gas Field
The investment includes $5.8 billion for developing Farzad B and another $5 billion to build a facility to liquefy the gas and export it as liquefied natural gas (LNG).
Read More »3 Foreign Oilfield Proposals Under Review
According to Zanganeh. Tehran aims to sign 10 new oil deals by the end of the current fiscal year (March 20. 2018).
Read More »Azerbaijan`s SOCAR Seeks 25 pct Share in Deal with BP on Oil Fields
Under a new draft agreement SOCAR’s share would rise to 25 percent from 11.65 percent.
Read More »Azerbaijan. BP Extend Deal for Caspian Oil Field Until 2050
In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »Foreign Countries in Talks to Develop Farzad-B Gas Field
In the meantime. other foreign companies are welcome to discuss their interest in the gas field.
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