The allocation of the $13-billion credit line by South Korea to Iran would open the way for Japanese and European banks to do the same with the country.
Read More »Iran. S.Korea to Cooperate on Developing Mini-LNG Containers
Korea Gas Corp. (KOGAS) — the world'.s No.2 LNG buyer — is a main importer of Iranian LNG.
Read More »Gazprom Neft to Develop Digital Technologies in Conjunction with Skoltech
The signed agreement is directed at promoting a long-term partnership between the two organizations to promote the development of promising projects and new opportunities in oil and gas.
Read More »Tech Giants Make Major Bet On Battery Boom
Tesla already has fully self-driving software in all of its cars. including the upcoming Model 3.
Read More »Shell Will Test Energy-Generating Kites This Summer
Power-generating kites backed by Royal Dutch Shell Plc. Schlumberger Ltd. and EON SE will start tests in the U.K. this summer. with the aim of developing a technology that could eventually replace offshore wind turbines. Kite Power Systems. known as KPS. is working on a 17-meter device that flies on …
Read More »Kurdistan Government Closes 61 Illegal Oil Refineries
The regional government is at odds with Baghdad as it is trying to strengthen its grip on local natural resources.
Read More »Big Oil Betting On Electric Vehicles
Automaker are feeling pressed by strict emissions reduction rules in Europe and China.
Read More »Oil Resumes Rally as OPEC Seen Extending Cuts. Dollar Declines
The Bloomberg Dollar Spot Index lost 0.4 percent.
Read More »Iran Launches 15.000 Bpd Production From Azar Field
Iran is firm in its self-proclaimed mission to reach pre-sanction levels of oil output and exports.
Read More »Iran to Launch 3 Petchem Projects by March 2017
.Karoon Petrochemical Plant will supply 40 thousand tons of MDI annually
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