An economic delegation form Iraq’s Babil Governorate will arrive in the western Iranian province of Kermanshah on Tuesday for a three-day visit.
Read More »Lundin Reports Small Norwegian North Sea Discovery
Swedish firm Lundin Petroleum has made an oil discovery at the Goddo prospect in the Norwegian North Sea.
Read More »Saudi Oilfield Hit by Drone Attack
Yemeni rebels attacked oil and gas facilities at the Shaybah field in southeast Saudi Arabia. but failed to disrupt production.
Read More »Iron Ore Concentrate Production Volume Tops 15.9mn Tons
Production volume of iron ore concentrate exceeded 15.9 million tons in the first four months of the current year (March 21 – July 21).
Read More »Industry Waking Up to Opportunity for Wind to Power Oil Rigs
A group of companies have joined together to forge an offshore wind industry in the North of Scotland that will take expertise from the north-east around the globe.
Read More »U.S. Sanctions Drive Russia to Boost Oil Exports
U.S. sanctions are definitely changing production and price patterns in heavy crude and so is U.S. production.
Read More »20 Power Plant Units to Be Inaugurated by Yearend
A number of 20 power plants. with the production capacity of 3.000 megawatts. will be inaugurated in 13 provinces of the country before the termination of the current Iranian calendar year.
Read More »Iran to Add 3.000 MW to Electricity Capacity by March
Iranian Energy Minister Reza Ardakanian announced that a number of 20 power plants. with the generation capacity of 3.000 megawatts. will go online by the end of the current local calendar year on March 20.
Read More »Iranian Oil Prices Increase in July as OPEC Production Falls
The Average of Iranian crude oil prices from the beginning of 2019 has been $63.15.
Read More »First Oil Flows From Giant $7.7bn UK North Sea Development
The Mariner field is estimated to produce more than 300 million barrels of oil over the next 30 years.
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