The neutral zone. which has been shuttered for at least four years. can produce as much as 500.000 barrels a day.
Read More »Renewables will Grow 50% by 2024
Offshore wind is tipped to add 43GW to reach a cumulative 65GW in 2024.
Read More »EU Investigates €108m Hungarian State Aid for Samsung Battery Plant
Samsung SDI is investing €1.2bn to expand the production capacity of lithium-ion cells and battery packs for electric vehicles in its existing plant located in Göd.
Read More »Russia Sells Crude Oil at Record Premiums
Demand for key Russian oil grades sold in Asia has been strong in the past month.
Read More »841-MW Production Capacity of Renewable Power Plants Active in Nationwide
Installation of renewable power plants in the country has generated employment opportunities for about 53.420 people per annum.
Read More »Arvandan Oil CO. Awarded Project to Develop South Azadegan
Development of South Azadegan joint oilfield has been fully awarded to Arvandan Oil and Gas Company.
Read More »Does Aramco IPO Worth $2 Trillion?
One rough and ready way to value Aramco is to look at dividend yield.
Read More »Russia Reduces Crude Output within OPEC+ Deal
Russia and OPEC+ nations agreed to extend crude output reduction starting July.
Read More »IIPGC Mulls Developing Downstream Projects
According to the National Petrochemical Company (NPC). Rasoul Ashrafzadeh said IIPGC had assessed development of downstream projects in the third petrochemical leap of the country.
Read More »Gas Production Resumes at SPD 9
Reconstruction of the platform had finished and it was producing natural gas from the offshore field in the Persian Gulf.
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