Nigeria remained the largest investment destination for CNOOC.
Read More »CNPC. ADNOC to Sign Exploration. Refining Deal
ADNOC has said that it would aim to double its refining capacity in a major push to expand its downstream operations.
Read More »Brazil`s Petrobras Seeks Partner to Revive Older Oil Wells
A deal would represent a novel way for the debt-laden oil company to boost output from mature fields without losing control or risking capital.
Read More »Masdar. Equinor have Installed World-First Battery Facility
The project is Masdar'.s second offshore wind partnership with Equinor.
Read More »Oman Continue Iran Gas Pipeline
The governments of Iran and Oman signed an agreement in 2013 for the construction of the 400-kilometre pipeline.
Read More »China’s Offshore Wind Power Ranks 3rd in the World
Construction cost will also be a factor that decides the future offshore wind power market in China.
Read More »Microsoft Submerges Second Subsea Data Center
The experimental data center is as large as a shipping container. at 12.2 m in length and a diameter of 3.18 m and contains 12 racks with a total 864 servers.
Read More »The Globalization of European Gas
IHS Markit expects European gas prices to be increasingly set by the global market.
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.
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