Tag Archives: Production

Iran'.s crude exports and production have plummeted because of the sanctions.

DNV GL believes gas and renewables will be the only energy sources for which demand will be higher in 2050 than it is today.

The 24-member OPEC and non-OPEC alliance decided last year to cut production by 1.2 million barrels per day (bpd) from January 2019.

Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.

Iran will give further momentum to privatization process with handing over authority over small ports to the private sector. in a bid to boost shipping activities to offset the impacts of US sanctions on trade. according to a senior maritime official.

SATBA has proposed a plan to the government to buy electricity generated in the renewable sector at higher prices in order to encourage more investment from suppliers who are grappling with economic difficulties. a spokesman said.

An Iranian company won the contract for the development of Balal Gas Field in the Persian Gulf. a senior oil official said.

The project is ultimately aimed at delivering and improving on BP’s methane intensity target of 0.2% from its upstream operations.

Russia highly appreciated the existing dialogue between Moscow and Riyadh and was committed to continuing to develop bilateral cooperation.

Around £400 million of this is dedicated to boosting electric vehicle charging infrastructure across the UK.