Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Recent years have seen advances in drilling equipment and practices that have enabled operators to significantly increase energy and drilling speed to reduce costs.
Read More »Halliburton Introduces New Drill Bit for High Energy Applications
Sub-$50 Oil Could Kill Shale
There are a few reasons to be skeptical that the momentum will carry crude prices higher than current levels.
Read More »Tillerson: Imposing Oil Embargo on North Korea Will Be `Very Difficult`
The United States will continue to urge all countries on the UN Security Council to fully comply with sanctions and resolutions with respect to North Korea.
Read More »New LNG Export Projects ‘Could Lead to Supply Overcapacity’
The sustained growth in demand is not expected to result in surging prices as forecast for LNG supply is higher until 2024.
Read More »Schlumberger Announces New Digital Well Construction Planning Solution
The DrillPlan solution will be available in North America land operations in fourth-quarter 2017.
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 »Trump Playing a Risky Game on Iran Nuclear Deal
The role of the IAEA is to determine where such inspections are necessary based on facts.
Read More »Premonition of War: Japan Backs US Plan to Curb N Korea`s Oil Imports
North Korea sees its situation as quite similar to Imperial Japan'.s outlook in the early 1940s.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
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