A number of deals related to long-lead equipment were expected to be signed in the near future.
Read More »Indonesia Interested in Expanding Oil Trade
Iran and Indonesia intend to augment bilateral trade to $2 billion in 2017.
Read More »Tabriz Refinery Produce Quality Diesel
Tabriz Refinery has succeeded in cutting annual water evaporation within its facilities by 50% to 40 million cubic meters a year.
Read More »Azerbaijan’s Non-Oil Economy Grows
The volume of Azerbaijan’s GDP in the oil and gas sector decreased by 6.5 percent in January-May 2017.
Read More »Oil Market Fundamentals Heading in Right Direction
OPEC members Libya and Nigeria were exempted from the supply cuts because unrest had curbed their output.
Read More »China Key to Slower Growth in Energy Use. Carbon Emissions
Energy consumption in China grew by just 1.3 percent in 2016.
Read More »Iran. Total to Ink Energy Contract Soon
Total had declared that the final decision on agreement with Iran depends on the extension of Iran’s sanctions relief by the US government.
Read More »Pakistan to Restart Refinery Damaged in Fire 2 Years Ago
Pakistan’s oil demand jumped by 13 percent between July 2016 and February 2017.
Read More »Gulf’s Oil Reserves Still Provide the Safety Net
Gulf states accounted for 11.8 per cent of natural gas production in the world.
Read More »NISOC Indigenizes Advanced Pumps
NISOC has completed the design. casting and production of '.BB3'. multistage centrifugal pumps.
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