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Read More »Oil. Gas to Be Big Part of Energy Mix for Decades to Come
OPEC. Non-OPEC Unlikely to Increase Size of Output Cut
The cut deal is very likely to be extended through to mid-2018 and even maybe end-2018.
Read More »Iran’s Electricity Export Rise by 34 Percent
Iran plans to increase its nominal electricity generation capacity to 80.000 MW by summer 2018.
Read More »Iranian Ports Import. Export of 4.1 mln Tons of Oil Products
The country currently produces 513.500 tons of crude oil per day of which 230.000 tons are refined.
Read More »Eni Talks on Oil&gas Projects in Iran
The Kish gas field is expected to yield 28 million cubic meters per day of gas. to be used domestically. and 11.300 bpd of gas condensate set for export.
Read More »Chinese Company Will Build Iran Railway in Return for Oil
Under a national plan. Iran seeks to stretch out the nationwide railroad line to 25.000 kilometers by 2025 from under 15.000 kilometers now.
Read More »US Wants to Prevent Flow of Iranian Oil on Market
The US is trying to prevent a flux of Iranian oil on the market.
Read More »Norwegian Company to Provide Technology for Deep-Water Drilling at Azerbaijani Gas Field
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate. according to the estimations of SOCAR geologists.
Read More »Oman. Largest Non-OPEC Producer in Mideast
The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
Read More »OPEC Oil Price Rises
The price for October futures of West Texas Intermediate (WTI) dropped by 0.98 percent and stood at $47.40 per barrel.
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