Austria’s OMV Bringing IOR/EOR Technology to Iran

• Wednesday, 9th September 2015
• by Egypt Oil & Gas

Austrian President Heinz Fischer arrived in Tehran on Monday at the head of leading business delegates to review potential trade relations with the Islamic republic

Chevron Boosts Efficiency Even as Profits Slide

• Sunday, 2nd August 2015
• by Egypt Oil & Gas

For Chevron Corp., a dollar spent in the Permian Basin can get 35 percent more oil out of the ground than it could last year, as drilling costs have fallen and as the company works faster on more fertile wells.