Crude oil prices stabilized on Wednesday as Asian stock markets caught a tailwind from a strong performance in the United States and Europe, although fuel markets remained generally dogged by oversupply.
Indonesia has submitted an official request to the Organization of the Petroleum Exporting Countries (OPEC) to reactivate its full membership in the organization. The request has been circulated to all OPEC Member Countries for their consideration and approval. OPEC has announced that the Indonesian
Iran’s Petroleum Minister Bijan Namdar Zanganeh urged German companies to take the opportunity and enter into negotiations with Iranian counterparts prior to the lifting of sanctions so that contracts can be signed immediately after their relaxation. “German firms shall choose their local partners i
Rigzone, an oil and gas news and data provider, today announced the results of its recent survey, finding shifts in workplace preferences between the Millennial and the Baby Boomer generations. According to the survey, more than 20 percent of Millennials indicate that they rank challenging projects
Nakilat informed that the company’s extraordinary general meeting was held in Doha, ratifying a number of amendments to the company’s Articles of Association.
Contract to choose an Iranian adviser for the study over building a gas pipeline from Iran to Oman will be finalized soon, managing director of National Iranian Gas Exports Company Alireza Kameli said.
There are currently 16 major LNG projects already under construction, which should add around 12 mtpa in 2016 and 33 mtpa in 2017.
Iran’s gas could find its way to the European market via Spanish LNG terminals, the country’s Oil Minister Bijan Zangeneh said at a news conference.
Iran is ready to talk extending a pipeline to Bangladesh in a project which envisages exports of the Iranian gas to Pakistan and India, Tehran’s Ambassador to Dhaka says. Abbas Vaezi said the Iranian government had already spoken to Bangladesh government in this regard, adding that “they must have a
New field developments, job cuts, giant gas discovery, strike threats, and even a prison sentence…
Russia and Venezuela need to combine efforts to lift oil prices, President Vladimir Putin told his Venezuelan counterpart Nicolas Maduro on Thursday
Linde Group’s liquefied natural gas division could deliver its technology for the Iranian 10.8 mtpa LNG project once the sanctions against the country are lifted.
Noble Energy, a U.S.-based oil and gas company, has called the government of Israel to act quickly and enable a quick development of Noble’s offshore gas fields, the Leviathan and Tamar. David L. Stover, Noble Energy’s Chairman, President and CEO, said: “Under the leadership of the Prime Minister an
Gas shortages and an increase in domestic demand for power generation forced Oman to reschedule some of its LNG exports.
