The CEO of the Petropars Group said his company had won a tender to develop a production maintenance and enhancement project in Forouzan Oilfield.
Read More »Climate Change Could Cost Global Economy Nearly $10tn by 2050
A new report warns nature losses and environmental damage need to be rapidly reversed in order to avoid severe financial losses across multiple vital sectors.
Read More »Russia Amplifies Its Arctic Ambitions
Russia has outlined four main groups types of projects under consideration for various government benefits.
Read More »Digital Tech could Make Oil Industry Attractive
Younger generations aren’t hearing the calling to an oil industry that is gearing up for a dramatic talent shortage as mature experts begin to retire.
Read More »Iran Eyes 1 mln bpd of Oil Output in Fields Shared with Iraq
Iran has kept developing its sprawling oil and gas fields despite facing a harsh regime of American sanctions.
Read More »Hyundai Gets Serious On Electric Cars
The supply for the European market can soon grow to 80.000 vehicles per year.
Read More »OPEC Underestimates China Virus
China’s own oil consumption is down sharply as factories stay closed and travel restrictions remain in place.
Read More »Iran`s Petchem Output to Hit 100mn Tons by 2021
Iran’s petrochemical industry will witness a significant jump by 2021.
Read More »Oil Climbs Near Two-Week High on Easing Coronavirus Concerns
Oil rose for a third session. the longest winning streak since early January. after the World Heath Organization rekindled optimism that the coronavirus outbreak could be abating.
Read More »Renault Looks to Cut Costs After Slashing Dividend. Posting Loss
Renault SA moved to reassure investors by dangling the prospect of cost cuts and assets sales after posting its first annual loss in a decade.
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