Iran has named 29 companies from more than a dozen countries as being eligible to bid for oil and gas projects.
Read More »NIOC: IPC Tenders Postponed Due to Elections
The giant South Azadegan Oilfield near the Iraqi border has been singled out as the first field to be tendered under the new terms.
Read More »Chevron`s Most-Costly Mega Project Hits New Obstacle in Australia
LNG import prices in Japan. the world’s biggest buyer. averaged about $9 per million British thermal units in 2009.
Read More »Shell Calls for Wider Crude Slate to Set Brent Benchmark
Urals is the one which North West European refineries should be designed to run optimally.
Read More »Iran in Final Talks with World`s Giant Oil Companies
NIOC endorsed qualification of 29 foreign E&.P firms to enter partnership with Iran under new oil contracts.
Read More »Iraq`s Fuel Oil Exports Soar Despite OPEC Supply Cut
Iraq'.s bulging fuel oil exports have contributed to a glut.
Read More »Saudis Take 100% Control of America`s Largest Oil Refinery
Saudi Aramco. the kingdom'.s state-owned oil behemoth. took 100% control of the sprawling Port Arthur refinery in Texas.
Read More »Big Oil Betting On Electric Vehicles
Automaker are feeling pressed by strict emissions reduction rules in Europe and China.
Read More »Asian Imports of Iranian Oil Rise 27% Year-on-Year in March
Iran needs foreign investment for repairs and upgrading of its oil and gas fields.
Read More »Russia Fostering LNG as Fuel for Oil Tankers
Since 2014. the spot price of LNG has dropped by two-thirds to $5.4 per million British thermal units as supply swelled.
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