Total and Iran reached a preliminary agreement this year to build three petrochemical plants.
Read More »Shell to Invest $2 Billion Per Year in Brazil Through 2020
On average. the oil company produced 325.000 barrels of oil equivalent per day (boepd) in the first quarter.
Read More »Why US `Will Never Be Able` to Replace Russia in EU Gas Market
The US is especially concerned over the Nord Stream 2 project and has been strictly opposing its implementation.
Read More »BP Files for New York IPO of Pipeline Assets
The move comes as BP re-evaluates its portfolio in the wake of a dramatic slump in oil prices three years ago.
Read More »Shell to Withdraw from Iraq`s Majnoon Oilfield
Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.
Read More »Shell Offers Plan for Iran`s Kish Gas Field
Shell submitted a proposal for developing Azadegan and Yadavaran oilfields south of Iran last month.
Read More »Shell Says to Focus on Basra Gas in Iraq after Majnoon Exit
Basra Gas Company is a joint venture between Shell. South Gas Company and Mitsubishi and the Petrochemical Project NEBRAS.
Read More »Russia`s Gazprom Rediscovers It Needs Ukraine
Last year. Gazprom used their pipelines to deliver over 80 billion cubic meters of natural gas. or roughly 46% of its Europe-bound gas deliveries.
Read More »France to End Fossil Fuel Production
The country is a minor player in the global hydrocarbons industry. extracting the equivalent of about 815.000 tonnes of oil per year.
Read More »Hydrogen Power Storage Development Gaining Impetus
The years 2020 to 2030 will be for hydrogen what the 1990s were for solar and wind.
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