OPEC and its partners see merit in maintaining their curbs into 2019.
Read More »Iran Wants to Boost Gas Coop. with Armenia
In 2004. Iran and Armenia inked a barter contract in the field of gas and electricity for 20 years.
Read More »French Engie Supports Nord Stream-2 despite Sanctions
Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.
Read More »Iranian Tanker`s Oil Slick Is Now the Size of Paris
Sanchi had held a million barrels of light condensate oil. which is highly toxic and flammable.
Read More »Iran Rejects Rumors about Missile Strike on Oil Tanker
The vessel sank on Sunday after a huge explosion while a team of Iranian commandos were getting prepared for a rescue operation.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »Renewables in Middle East to Triple but Gas will Dominate
The share of renewables in the Middle East energy mix is forecast to triple over the next 17 years.
Read More »Despite Bid to Diversify Gas Source. EU more dependent on Russia
Strong European demand has allowed Gazprom to increase production after weak results in recent years.
Read More »NIOC-Total Deal being Executed
Total is the operator of the SP11 project with a 50.1% interest alongside the Chinese state-owned oil and gas company CNPC (30%). and Petropars (19.9%). a wholly owned subsidiary of NIOC.
Read More »Experts Say Sanchi Sinking could be Harmful for Marine Ecology
Some 13 vessels. including coast guard ships from South Korea. Japan and a Japanese firefighting ship fought the fire. searched for the missing and are involved the cleanup.
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