Iran produces around 880 million cubic meters of gas a day. two-thirds of which come from South Pars.
Read More »China`s Energy Demand to Peak in 2040 as Transportation Demand Grows
Natural gas consumption will rise to 620 billion cubic meters in 2030. said CNPC. up from 510 billion in last year'.s report.
Read More »Maersk Oil on the Rise even as Drilling Battles Tough Market
Maersk Oil exploration costs are now expected to be below the 2016 level’s of $223million.
Read More »BP Adds More Gas to Global Markets with Projects in Australia and Trinidad
The London-based company has completed 5 of its 7 planned new projects for the year.
Read More »Statoil Starts Drilling on the Verbier Prospect. UK North Sea
JOG and CIECO hold 18% and 12% interest in the P.2170 Licence respectively.
Read More »Turkey`s Unit International. Russia`s Zarubezhneft and Iran`s Ghadir Sign Drilling Deal
The natural gas extracted from the drilling will be equal to 1.5 times the 50 billion cubic metres of gas Turkey imports annually.
Read More »China to Build New Shale Gas Bases. Offer More Oil and Gas Block Tenders
The steps come as China ramps up its exploration efforts as crude oil production from ageing wells drops.
Read More »Iran Rises Oil Exports to South Korea by over 26% in July
In July. Iran exported 2.2 million bpd of oil to Asian and European markets. with its exports to Asia up by 100.000 bpd.
Read More »Increase of Iran`s Oil Export to India
Iran’s total oil production currently stands at around 4 million bpd and its most important clients are China. South Korea. India and Japan. respectively.
Read More »Turkey’s First Indigenous Solar Panel Factory to Be Established in Ankara
The solar project in Karapınar will meet the energy needs of more than 600.000 households and will create around 1.500 new jobs. according to energy officials.
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