Nigeria and Libya have been exempt from quotas under the Vienna deal between OPEC and 10 other major oil producers on limiting oil production agreed in November 2016.
Read More »German Firm Cooperation to Construct Wind Turbines
The project is part of efforts to raise the low share of renewable sources in Iran'.s power industry that mostly uses fossil fuels to generate electricity.
Read More »Can OPEC Get Its Mojo Back in St Petersburg?
Ecuador is doing what other members wish to—ditching a supply deal that has become more painful than gainful.
Read More »Iran`s 33 Oil MoUs in Post-Sanction Era
Iran needs 200 billion dollar investment to develop oil industry which should be supplied through foreign sources.
Read More »Key Facts about ExxonMobil and Its Business in Russia
In 2016. ExxonMobil'.s refining amounted to 4.268.000 barrels per day (a decrease of 3.7%).
Read More »Putin: Russia to Enjoy Abundance of Energy Resources for Long Time
Russia has no shortage of such natural resources as oil. gas. coal. as their new reserves are systematically discovered.
Read More »Scientists Design Promising New Cathode for Sodium-Based Batteries
The researchers say this study is the first of many that will use the ISS beamline at NSLS-II to advance the study of batteries.
Read More »Russia Wants to Localize Turbine Blade Rows Production Amid Crimea Siemens Row
Russia intends to localize the production of blade rows for gas turbines amid the row over the alleged delivery of Siemens-made turbines to Crimea in violation of Western sanctions.
Read More »Saudi Arabia Decrease Crude Flow to United States
Saudi Arabia and its OPEC and non-OPEC allies are keen to demonstrate to a skeptical market that output cuts are finally drawing down bloated stocks.
Read More »Qatar Seeks to Open New LNG Markets with Floating Terminals
A total of 40 floating import terminal projects exist in varying stages of development across the globe.
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