The share of renewables in the Middle East energy mix is forecast to triple over the next 17 years.
Read More »Despite Bid to Diversify Gas Source. EU more dependent on Russia
Strong European demand has allowed Gazprom to increase production after weak results in recent years.
Read More »Chernobyl Site Becomes Solar Power Plant
The current project cost approximately €1 million ($1.220.200).
Read More »NIOC-Total Deal being Executed
Total is the operator of the SP11 project with a 50.1% interest alongside the Chinese state-owned oil and gas company CNPC (30%). and Petropars (19.9%). a wholly owned subsidiary of NIOC.
Read More »Geopolitical Highlights Could Rise Oil Beyond $70
When oil goes up inflationary expectations go up as well.
Read More »Shell Gave Green Light for UK North Sea Project
Production in the UK North Sea has steadily declined since the late 1990s.
Read More »Deal for First EV Pilot Signed in Saudi Arabia
Such a move is part of the company’s strategy to reduce reliance on oil and cut emissions.
Read More »Al Sada: Qatar will Continue to Support Oil Output Cut
During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.
Read More »Iraq Nears Production Capacity of 5 Million b d
Iraq is in full agreement with OPEC members that the freeze should continue.
Read More »Iran`s Light Crude Oil Price up $1.8 in a Week
Iran'.s light oil price was reported $64.57 on average since the beginning of 2018.
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