According to Reuters Iran announced that the development rights for its Farzad-B gas field will in fact be available to Indian companies, quelling Indian concerns that the contract would instead go to rival European ...
In addition to unveiling its new contract model at a conference in London slotted for December, according to Bloomberg Iran has also intends to advertise 45 oil and gas projects to international companies at the said ...
The Ministries of Electricity and Petroleum announced that the recent significant rise in temperature and humidity taking place in the country has led to an unprecedented increase in demand for electricity consumptio ...
The chairman of Badr El Din Petroleum Company (Bapetco), a joint venture between the EGPC and Royal Dutch Shell, recently announced the addition of exploratory well Bed3C6-1 to production, Daily News Egypt
Ahmad Farid Moazz, general manager of the Canadian oil exploration company Sea Dragon operating in Egypt, confirmed that the company’s total production is currently at 1,000 b/d.
Global oil prices rose in mid August amid news of declining US shale oil production, and rumors of an emergency OPEC meeting, The Wall Street Journal reported.