Iraq is the second-largest member of OPEC after Saudi Arabia.
Read More »Zangeneh: Total`s Forefront is Memorable
This contract will send a strong political message to the world especially at the time that the Americans have adopted a confrontational course (against Iran).
Read More »S. Korean Gas Giant Signs Agreement with Sempra`s LNG Project in Texas
LNG imports could also ease trade tensions between South Korea and President Donald Trump. The U.S. ran a $17 billion trade deficit in goods and services with South Korea in 2016.
Read More »US Senate Repairs Russia. Iran Sanctions Bill
Schumer and House Minority Leader Nancy Pelosi called for House Republican leaders to pass the bill immediately. before Trump and Putin meet at an international summit in Germany next week.
Read More »Nigeria to Hit 40b Barrels Oil Reserve by 2020
In terms of daily production. the fields will yield 50. 000 barrels of crude oil per day and 120 million standard cubic feet of gas per day by early 2019.
Read More »OPEC Is Not Discussing Deeper Cuts
According to OPEC delegates. the cartel won'.t be rushing to make that decision. even though a panel monitoring the cuts will be meeting next month.
Read More »Fukushima Nuclear Power Plant Officials Start Trial for 2011 Disaster
Six years after the accident. the company is still working to decommission the power plant and bring evacuated residents back to the area.
Read More »No Fatalities Reported in Isfahan Refinery Fire
A fire that ravaged part of the Isfahan Oil Refinery on Monday was doused within an hour without major casualties.
Read More »ExxonMobil Scientists Figured Out How to Turn Algae into Biofuel
The modified strain ended up being about 40 percent oil. compared to the 10 or 15 percent that would otherwise have been yielded in the same environment.
Read More »Panasonic Joins Push to Put Photovoltaics on More Car Roofs
Panasonic Corp sees the future of solar on car rooftops.
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