The meetings are being co-chaired by Kuwait and Russia. in the presence of representatives from Saudi Arabia. which is serving as president of OPEC for 2017.
Read More »Ice-Class LNG Carrier Completes Northern Sea Route Transit
The start of LNG shipments through the NSR with the Arc 7 ice-class tanker will help to increase cargo turnovers and develop navigation in the Arctic ocean.
Read More »NISOC will Increase Recovery Factor in Khuzestan Oilfields
Iran'.s in-place oil reserves are estimated at 800 billion barrels.
Read More »New Membranes Help Reduce Carbon Dioxide Emission
The University of Twente and the German Research Centre Jülich are collaborating on developing membranes for an efficient separation of gasses. to use for the production of oxygen or hydrogen. for example.
Read More »Iran. Ghana Ink MoUs on Energy. Mining
According to a TPO official. the Iran-Ghana Joint Economic Cooperation Commission meeting will be held in Ghana in two months.
Read More »US Shale Production Decline
Shares of major shale producers. including Pioneer Natural Resources Co. and EOG Resources Inc.. tumbled this week as investors began to lose confidence in the prolific Permian basin.
Read More »Baker Hughes Rig Count Falls for Second Time in Three Weeks
The U.S. rig count is up 490 rigs from this time last year when it stood at 464. according to Baker Hughes.
Read More »Libya Crude Floods Market Again
It may be a challenge for Libya to maintain its current rate of exports.
Read More »Glittering Prospect of Energy in 12th Administration
One of the key achievements of 11th administration was signing a nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) that increased investment in oil. gas and renewables sector.
Read More »Russia to Increase Gas Production in Far East by 250% by 2035
The production of gas in the region increased by 10 percent over the past five years and reached 32.8 billion cubic meters of gas.
Read More »