Iran's Research Institute of Petroleum Industry (RIPI) has signed a memorandum of understanding (MoU) with German Raschig company for mutual cooperation.
More than 60 percent of pipes needed for construction of the Trans Adriatic Pipeline (TAP) are already in the ground (backfilled) in Greece and Albania.
U.S. oil prices remained near two-year highs on Thursday as the shutdown of the Keystone pipeline and a drawdown in fuel inventories pointed to a tightening market, despite rising output
Business 22 November 22:00
Iran has exported 1.2 billion cubic meters of natural gas to Iraq, since June, when Tehran started gas exports to the neighbouring country
Oil&Gas 22 November 20:50
Oil&Gas 22 November 17:55
Oil&Gas 22 November 17:51
OPEC oil basket’s price stood at $60.49 per barrel on Nov. 21, which is $0.16 more than on Nov. 20, the cartel told Trend Nov. 22.
Oil&Gas 22 November 17:50
Oil&Gas 22 November 17:12
Gazprom Export LLC and Azerbaijan’s state oil company SOCAR agreed on resuming natural gas deliveries to Azerbaijan.
Oil&Gas 22 November 17:04
Uzbekistan's energy company Uzbekenergo and a consortium of South Korean companies POSCO Daewoo and Hyundai Engineering and Construction signed agreements in Seoul