The 30-year lifetime of some infrastructures have been ended and there is a need to supply sufficient fund in order to renew power facilities.
Read More »China. Saudi Arabia Agree to Strengthen Economic Ties
China supports Saudi Arabia to diversify its economy.
Read More »US Sanctions Will Not Affect Construction of Turkish Stream. Akkuyu NPP
Akkuyu NPP is expected to be launched by 2023. Donmez said.
Read More »Russian Watchdog Says Schlumberger-Eurasia Drilling Deal ‘Has Big Problems’
In 2015 Schlumberger agreed to buy 45.65% of EDC for $1.7 billion but the deal fell through after FAS repeatedly postponed its approval.
Read More »Saudi Aramco Gets Bids to Expand Hawiyah Gas Plant
Raising gas production is key to Saudi Arabia'.s plan to diversify its energy mix.
Read More »Japan Aids Iran in Water Management
With a length of 950 kilometers. Karun is Iran'.s most effluent and only navigable river.
Read More »Statoil Starts Drilling on the Verbier Prospect. UK North Sea
JOG and CIECO hold 18% and 12% interest in the P.2170 Licence respectively.
Read More »China to Build New Shale Gas Bases. Offer More Oil and Gas Block Tenders
The steps come as China ramps up its exploration efforts as crude oil production from ageing wells drops.
Read More »Turkey Upgrades Old Hydroelectric Power Plants
Currently. 600 hydroelectric power plants operate in Turkey.
Read More »Iran Makes Investment in New Petrochemical Hubs
In the current calendar year to March 2018. the completion of four projects which had remained incomplete will add two million tonnes to the country'.s petrochemical production capacity.
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