Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output.
Read More »Norway and Russia will Invest in Oil and Gas Project in Siberia
Norwegian state oil company Equinor and Russia'.s Rosneft will invest in the first stage of the development of North Komsomolskoy.
Read More »OPEC’s Rebel Makes Gesture of Atonement Ahead of New Oil Cuts
Iraq has been one of the weakest links since the OPEC+ alliance began in late 2016.
Read More »Petchem Plant Breaks Output Record
Jam Polypropylene Company has set a new production record in the first 8 months of the current calendar year.
Read More »Saudi Arabia and Kuwait Close to Neutral Zone Oil Deal
The zone was formally partitioned between Saudi Arabia and Kuwait in 1970.
Read More »South Pars Marked with Iranian Manufacturers
The remaining platforms of phases 13. 14 and 22-24 of the giant offshore South Pars gas field are set to become operational by the end of the current calendar year.
Read More »Facing US Sanctions Huawei Plans to Build Components Plant in Europe
Сhinese tech giant Huawei is planning to build its own components factory in Europe.
Read More »Solar Power from The Dark Side
Most of today'.s solar panels capture sunlight and convert it to electricity only from the side facing the sky. If the dark underside of a solar panel could also convert sunlight reflected off the ground. even more electricity might be generated.
Read More »US-China Trade Deal to Keep Oil Prices at $60 Range
JP Morgan Research expects the oil price to peak in the first three months of 2020.
Read More »Tests Start in Sardar-e-Jangal
Ahmad Shirzadi. exploration director at Khazar Exploration and Production Company (KEPCO). has announced the start of two major projects within areas run by this company.
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