Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.
Read More »Saudi`s $100 Billion Shale Plan
Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.
Read More »Upswing in Precipitation Raises Water Levels in Iranian Reservoirs
Officials announced that recent rainfalls in Iran have increased average precipitation for the water year in the country. raising water levels in dam reservoirs across the country.
Read More »National Project to Harness APG Implemented in Kharg Island
Iran has successfully implemented the national waste-to-energy project in Kharg Island to curb the associated petroleum gas (APG) or flare gas of the petroleum products in the Persian Gulf oil and gas fields.
Read More »OPEC could Deepen Oil Supply Cuts with or Without Russia
Saudi Arabia wants to hold prices from falling. but Russia is still not agreeing.
Read More »Sumimoto Heavy Industries Invests $46m in Liquid Air Energy Storage
The new funding will accelerate Highview Power’s cryogenic energy storage expansion globally.
Read More »Petropars Says to Follow in Total Footsteps in SP11
Over recent years. the South Pars Phase 11 (SP11) development project has been one of the most controversial projects in Iran.
Read More »World Bank Head Says Virus Expected to Weigh on First-Half Global Growth
World Bank President David Malpass said global economic growth in the first half of 2020 is likely to fall short of the 2.5% pace that the lender has forecast for the full year.
Read More »Shell Starts Gas Exploration in Oman
Shell. along with energy giant Total. have signed agreements with the Omani government to monetize gas resources in the Greater Barik area.
Read More »Trump Attempts to Push Harder to Curb Venezuela`s Oil Trade
The Trump administration recently imposed sanctions on a subsidiary of Russia’s Rosneft.
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