Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Total. which will take over the field operation from Maersk Oil on July 14. plans to invest $2 billion in expanding the field over the next five years.
Read More »After Iran. Total Seen in Pole Position to Snap Up Qatar Gas Deals
Kazakhstan Wants Gradual Exit from Oil Output Cut Deal
Kazakhstan wants a gradual exit from an OPEC-led deal on oil production curbs and a rise in output one or two months after its expiry.
Read More »Iraq Drills First Well in Huwaiza Oil Field Near Iranian Border
OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.
Read More »Russia to Continue Working with Others to Harmonize Energy Markets
Russia has signed the Paris climate pact. but has not ratified it yet.
Read More »Gazprom to Start Gas Supplies to China Via Siberia in December 2019
The new pipeline. dubbed the ".Power of Siberia".. has a planned annual capacity of 38 billion cubic meters.
Read More »Saudi Arabia Tightens Its Grip on Japan. Its Biggest Asian Oil Market
Saudi Arabia ".clearly sees Asia as its backyard and as a center of growth and long-term source of demand.
Read More »Al-Luaibi Awaiting Outcome of OPEC Committee Meeting
Iraq is the second-largest member of OPEC after Saudi Arabia.
Read More »Shell CEO: Companies Have to Open Up About Climate Risks
Last week. Shell signed up to a G20 task-force working on a framework to improve the ability to assess and price climate-related risks.
Read More »Saudi Heavy Crude Price to Asia May Hit Highest in Over Three Years
A fifth trade source surveyed by Reuters said the price for the grade would remain unchanged from this month.
Read More »Germany Produced Record 35 Percent of Power from Renewables in First Half
Germany has been getting up to 85 percent of its electricity from renewable sources on certain sunny. windy days this year.
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