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Energy News
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17 May 2012, 12:28 (GMT+05:00)
Saudi Arabia to deal with oil field development in Red Sea
The national oil company of Saudi Arabia ‘Aramco’ intends to implement a major project for the development of oil fields in the Red Sea, Al Arabiya TV channel reported on Thursday.
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Azerbaijani oil prices down on May 16
17 May 2012, 12:25 (GMT+05:00) -
17 May 2012, 12:03 (GMT+05:00)
European investment bank may finance Trans Caspian gas pipeline
The European financial institutions, especially the European Investment Bank may finance the Trans Caspian gas pipeline project, the Energy Department of the European Commission said
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17 May 2012, 11:49 (GMT+05:00)
Turkey and Azerbaijan to agree on Transanatolian gas pipeline by July
By the end of June Ankara will conclude an agreement with Azerbaijan to set up Transanatolian pipeline to transport gas from the Caspian state's giant Shah Deniz field
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17 May 2012, 11:12 (GMT+05:00)
Dragon Oil tests Dzheitune development well in Turkmenistan
Dragon Oil plc, an international oil and gas exploration, development and production company, publishes an update on the successful completion and initial testing of the Dzheitune (Lam) 28/169 development well in Turkmenistan and on the Group's recent production performance.
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17 May 2012, 11:03 (GMT+05:00)
Iran reveals details of a newfound oil field in Caspian Sea
The details of a newly discovered big oil field in Caspian Sea have been announced, Mehr news agency reports.
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17 May 2012, 09:39 (GMT+05:00)Proposal for “Nabucco West” Scenario Submitted to Shah Deniz II Consortium
The Nabucco Consortium submitted a proposal to the Shah Deniz II Consortium for the construction of a “Nabucco West” pipeline, which would bring Caspian gas from the Bulgarian-Turkish border to Baumgarten and beyond.
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17 May 2012, 09:18 (GMT+05:00)
Uzbekistan to double hydrocarbon reserves until 2030
National Holding Company (NHC) Uzbekneftegaz plans to increase hydrocarbon reserves by 2.2 times - up to 5.6 billion tons of standard fuel by 2030. It is specified in the materials of the exhibition "Oil and Gas Uzbekistan - OGU 2012", held in Tashkent.
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Russia, Kazakhstan to establish joint venture on field development in Caspian Sea
16 May 2012, 22:52 (GMT+05:00) -
16 May 2012, 20:44 (GMT+05:00)
Azerbaijan, IAEA discuss danger of Metsamor NPP
Azerbaijan and the International Atomic Energy Agency (IAEA), discussed the danger of the Armenian Metsamor nuclear power plant for the region in Baku, spokesman of the Ministry of Industry and Energy Azer Mensimli told Trend.
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Uzbekistan to double hydrocarbon reserves until 2030
16 May 2012, 19:13 (GMT+05:00)
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