Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Basra Gas Company is a joint venture between Shell. South Gas Company and Mitsubishi and the Petrochemical Project NEBRAS.
Read More »Shell Says to Focus on Basra Gas in Iraq after Majnoon Exit
India Petronet Agreed to Buy Extra 1 mln T Australian LNG from Exxon
Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices.
Read More »Iran to Raise Oil Production to 4.5 Million bpd Within Five Years
Oil exports are expected to reach up to 2.5 million bpd within five years.
Read More »Russia Says Row with Exxon Over Sakhalin-1 Is Resolved
Exxon has been in talks with Russian gas giant Gazprom for years over gas sales from Sakhalin-1.
Read More »Enel Starts Construction of Largest Wind Farm in Peru
Approximately $165 million will be invested by the Enel Group in the construction of the wind farm. which is expected to enter into operation in the first half of 2018.
Read More »Russia`s Energy Minister Sees 2018 Oil Price in Range of $45-$55 Barrel
China had asked Russia about the possibility of shipping around 3.5 million tonnes of oil via the Russian Pacific port of Kozmino next year.
Read More »China to Call on Denmark to Help Build Offshore Wind Farm
China and Denmark also decided to co-build a test and demonstration center for offshore wind power in China.
Read More »Iran Says OPEC Compliance with Output Pact Increasing
Under the agreement OPEC is curbing its collective oil production by about 1.2 million bpd.
Read More »China`s CNOOC to Explore New South China Sea Block with SK Innovation
CNOOC. according to its website. is looking for foreign partners to explore and develop 22 blocks this year.
Read More »Russia. Saudi Arabia Discussed Extending OPEC-Led Deal. No Decision
Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.
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