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Severstal Ranked 2nd Best European Metals & Mining Company
Russia >> 3/24/2017 - PAO Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, was ranked the second best metals and mining company in Europe for investor relations by Insti...
NIS Board of Directors Appoints Kirill Tyurdenev CEO of Serbia’s NIS
Russia >> 3/24/2017 - The Board of Directors of NIS a.d. Novy Sad has taken the decision to appoint Kirill Tyurdenev (previously First Deputy CEO for Refining, Sales and Distribution) CEO of NIS. The company’s current CEO,...
Reshaping Cost Competitiveness Steady Progress Made in All Businesses in 2016
China >> 3/23/2017 - CNOOC Limited announced its 2016 annual results for the year ended December 31, 2016. ...
Telops & Boson Techno Systems Sign Distribution Agreement
India >> 3/23/2017 - Telops is proud to announce the signing of a distribution agreement with an important partner: Boson Techno Systems. This will result in a strengthened position for Telops in the Indian market. ...
Repsol Chooses Atlas for Onshore, Offshore Consultant Provision
Russia >> 3/23/2017 - Repsol has chosen Atlas Professionals as the preferred supplier for the provision of onshore and offshore technical consultants. ...
Sinopec Limited Wins the Bid for Singapore Petrol Station Site
Singapore >> 3/23/2017 - The petrol station site at Yishun Avenue was awarded to Sinopec (Hong Kong) Limited on February, according to Singapore Housing & Development Board. It’s the first petrol station site that Sinopec (Ho...
PTTEP & JOGMEC Sign MoU for Research & Technology Development
Thailand >> 3/23/2017 - Mr. Kanit Sangwongwanich, Executive Vice President for Engineering and Development Group, PTT Exploration and Production Public Company Limited (PTTEP), recently signed a Memorandum of Understanding (...
Petrochina's Head Of Crude Oil Trading Resigns, Replaced By Deputy
China >> 3/22/2017 - The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company, a rare departure from a state-owned enterprise known for retaining talent in the mi...
INPEX Commences Commercial Operations of First Unit of Sarulla Geothermal IPP Project
Indonesia >> 3/22/2017 - INPEX CORPORATION (INPEX) announced that through its wholly owned subsidiary INPEX Geothermal Sarulla, Ltd., it commenced commercial operations of the first unit of the Sarulla Geothermal Independent ...
Marubeni to Transfer All Shares Issued by Tsunagu Network to Arteria
Japan >> 3/22/2017 - Marubeni Corporation (Head office: Chuo-ku, Tokyo; President and CEO: Fumiya Kokubu, hereinafter “Marubeni”) has agreed with ARTERIA Networks Corporation (Head office: Minato-ku, Tokyo; President and ...
Nord Stream AG to Support the Sailing Leagues of Northern European Countries and Russia
Russia >> 3/22/2017 - In 2017, Nord Stream AG will extend its support to the sport of sailing. Apart from the regular Baltic offshore Nord Stream Race, the company has joined forces with the national sailing leagues of the...
Russia Economy - March 2017
Russia Economy - March 2017 Russia >> 3/22/2017 - In January, inflation reached its slowest rate of increase since June 2012 at 5.0% y-o-y. In February, inflation eased further to 4.6% y-o-y. The central bank remained determined to continue and susta...
Sergey Khomyakov Reelected as Gazprom Management Committee Member
Russia >> 3/22/2017 - The Board of Directors reelected Sergey Khomyakov, Deputy Chairman of the Management Committee, as a Member of the Gazprom Management Committee for a 5-year period starting from March 16, 2017.
Wintershall Says Ready to Continue Supporting Nord Stream 2
Russia >> 3/22/2017 - Wintershall , one of the former western partners of Russia's Gazprom in the ongoing Nord Stream 2 pipeline project, said it was still looking for ways to support the plan after opposition by Poland la...
Unique Crane Equipment Delivered to Zvezda Shipbuilding Complex
Russia >> 3/22/2017 - A new large-capacity equipment was delivered to the staple of Zvezda shipbuilding complex , including two crane towers with carrying capacity of 100 t each. The length of the crane's arm is 81.7 m, th...
Telops Teams Up with Spectrum Technology
Taiwan >> 3/22/2017 - Telops is pleased to announce its new partnership with Spectrum Technology, which will result in a strengthened position for Telops in the Taiwanese market. ...
Beset By Delays, Myanmar-China Oil Pipeline Nears Start-Up
China >> 3/21/2017 - Nearly a decade in the making, a project to pump oil 770 km (480 miles) across Myanmar to southwest China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the o...
Indian Refinery to Use Honeywell UOP Technology
India >> 3/21/2017 - Honeywell announced that Hindustan Petroleum Corporation Limited (HPCL) is using technologies from Honeywell UOP for the expansion and modernization of its refinery at Visakhapatnam in Andhra Pradesh ...
Gazprom & Vnesheconombank Discuss Cooperation Issues
Russia >> 3/21/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Gorkov, Chairman of Vnesheconombank, took place at the Gazprom headquarters today. The parties discuss...
Gazprom & Eni Sign Memorandum of Understanding
Russia >> 3/21/2017 - Alexey Miller, Chairman of the Gazprom Management Committee, and Claudio Descalzi, Chief Executive Officer of Eni, signed a Memorandum of Understanding at the Gazprom headquarters today. The document ...
Alstom has Completed Its First Signaling Project in Serbia
Russia >> 3/21/2017 - Alstom has delivered its latest signaling interlocking technology to the Serbian Railway Company, working in close cooperation with the Serbian Mihajlo Pupin Institute. The project was ordered by Russ...
Gazprom & BASF Address Joint Hydrocarbon Production Projects in Russia
Russia >> 3/21/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kurt Bock, Chairman of the Board of Executive Directors of BASF, took place at the Gazprom headquarters today...
Geokinetics Wins High Resolution 3D Survey Contract in Brunei
Brunei Darussalam >> 3/20/2017 - Geokinetics Inc., a provider of integrated seismic data acquisition, processing and reservoir analysis solutions, has been awarded a contract by Brunei Shell Petroleum Company Sdn Bhd (BSP) to acquire...
China Rescues 13 From Burning Oil Tanker In East China Sea
China >> 3/20/2017 - Chinese authorities rescued 13 people from oil tanker Xinglongzhou 569 that caught fire after a suspected explosion around 5 pm on Sunday in the East China Sea, the official Xinhua news agency reporte...
Li Yunpeng Appointed Vice President of Sinopec Group
China >> 3/20/2017 - Li Yunpeng was appointed Deputy Secretary of the Party Committee of Sinopec Group and Vice President of Sinopec Group.
Berkshire's Lubrizol to Take Majority Stake in India JV
India >> 3/20/2017 - Lubrizol Corp, the specialty chemicals unit of Warren Buffett's Berkshire Hathaway Inc, said it plans to take majority control of its Indian joint venture with state-run Indian Oil Corp, boosting its ...
L&T Hydrocarbon Wins (USD 245 Million) Contract from ONGC
India >> 3/20/2017 - L&T Hydrocarbon Engineering Limited (LTHE), a whollyowned subsidiary of Larsen & Toubro, has bagged an offshore contract for the Neelam Re-Development & B173AC Project from the Oil & Natural Gas Corpo...
Indonesia Plans to Sue Thailand's PTTEP Over 2009 Oil Spill
Indonesia >> 3/20/2017 - Indonesia is preparing to sue a unit of Thailand's PTT Exploration and Production (PTTEP) over alleged environmental damage from the Montara oil spill in 2009, the country's Coordinating Maritime Affa...
Iran Begins Oil Recovery from South Pars Oil Layer
Iran >> 3/19/2017 - Iran says it has started pumping oil from the oil layer of South Pars gas field. Deputy Managing Director of the National Iranian Oil Company (NIOC) for Engineering and Development Affairs Gholam-Reza...
France's Total Seeks Stake in $4b Iranian Gas Field Project
Iran >> 3/18/2017 - Total is seeking a 50 per cent stake in a $4 billion project in Iran's giant South Pars gas field, the French energy firm said in a regulatory filing on Friday detailing talks held with Iranian offici...
CNPC & Sichuan Government Sign Strategic Cooperation Agreement
China >> 3/17/2017 - CNPC signed a strategic cooperation agreement with Sichuan provincial government in Beijing. Under the agreement, CNPC and Sichuan Government will jointly promote the company's business in Sichuan, co...
Construction Completion Ceremony Held for the Yabase Oil Field Demonstration Plant
Japan >> 3/17/2017 - INPEX CORPORATION (“INPEX”, President & CEO: Toshiaki Kitamura), Chiyoda Corporation (Vice President: Keiichi Nakagaki) and METAWATER Co., Ltd. (“METAWATER”, President: Yasushi Nakamura) (referred to ...
Gazprom Neft Building a Hydrogen Production Facility at Its Omsk Refinery
Russia >> 3/17/2017 - Gazprom Neft has begun construction of a standalone 12,300-tonne-per-year-capacity hydrogen production unit at its Omsk Refinery. This processing facility will provide high-purity (99.9 percent) hydro...
Russia to Add More Gasoline Refining Capacity in 2017
Russia >> 3/17/2017 - Five Russian refineries are expected to finish upgrades of their gasoline production units this year, with the new capacity potentially allowing Russia to boost exports of high-octane gasoline, accord...
BP Sends Second Shah Deniz 2 Platform Jacket Offshore
Azerbaijan >> 3/16/2017 - The Shah Deniz consortium has announced the sail away of the second jacket for the Shah Deniz Stage 2 platforms. The Quarters and Utilities (QU) platform jacket sailed away to the Shah Deniz contract ...
New Joint Project by Baku Higher Oil School and BP
Azerbaijan >> 3/16/2017 - In the frames of cooperation between Baku Higher Oil School (BHOS), BP and Twenty Eighty Execution company, the opening ceremony of the School of Project Management (SPM) was held. The event gathered ...
Saudis Study $65 Billion in China Investments During King's Trip
China >> 3/16/2017 - Saudi Arabian Oil Co. may deepen investment in China’s oil industry as part of $65 billion worth of potential deals signed between the two countries in everything from energy to manufacturing and a th...
Indonesia Replacing Saudi LPG with Iran Imports
Indonesia >> 3/16/2017 - Indonesia is expecting to increase liquefied petroleum gas (LPG) imports from Iran, director general of oil and gas at the South Asian country’s Energy and Mineral Resources Ministry, Wiratmaja Puja, ...
OPEC Expects Growth in 2017 Non-OPEC Oil Supply
Iran >> 3/16/2017 - Preliminary data indicates that the world’s oil supply decreased in February by 0.21 million barrels per day, as compared to January to average 95.88 million barrels per day, OPEC said in its March Oi...
Gazprom Neft Signs MoU On Strategic Partnership With Russia’s Largest Software Developer 1c Company
Russia >> 3/16/2017 - Gazprom Neft has signed a Memorandum of Understanding on Strategic Partnership in Information Technologies with Russia’s largest software developer, 1C Company. The agreement was signed in St Petersbu...
Lukoil Named Best Supplier for Automotive Concerns in Russia
Russia >> 3/16/2017 - LUKOIL Lubricants Company has received the "Best Supplier 2016" award in the Russia Automotive Forum (RAF) for its contribution to the Russian motor lubricants industry. The awarding ceremony was held...
JDR Wins Major Umbilical Contract
India >> 3/15/2017 - JDR, a leading supplier of subsea umbilicals and power cables to the global offshore energy industry, has been awarded a major steel tube umbilical contract by Cameron Ltd, on behalf of operator ONGC,...
Indonesia Picks Plantations Firm Head As Pertamina CEO
Indonesia >> 3/15/2017 - Indonesia has chosen Elia Massa Manik, head of the state holding company for the plantations industry, as the new chief executive of state energy firm Pertamina sources said on Wednesday. ...
30,000 bpd from Azar by May 2017
Iran >> 3/15/2017 - Iran on Tuesday, March 14, began pumping 15,000 barrels/day of crude oil from Azar Oilfield which it shares with Iraq. Early production from the field, located in the border city of Mehran, began in a...
Azadegan Oil Project Tender Soon
Iran >> 3/15/2017 - “Companies ready for tenders are shortlisted and a competitive tender for choosing developers of the Development Project of Azadegan Oilfield will be held soon,” Iranian Minister of Petroleum, Bijan Z...
India’s Imports from Iran Trebled in February
Iran >> 3/15/2017 - The latest shipping figures show that India’s imports of crude oil from Iran in February increased by about three times compared to the same period last year. ...
CGG Completes Processing of Carabao Regional Multi-Client Study
Philippines >> 3/15/2017 - CGG announced that the final geoscience data for its Carabao multi-client study, acquired offshore the Philippines, are now ready for delivery. The study integrates over 8,500 km of new broadband pres...
SOCAR GPC Selects UNIPOL™ PE Technology for Polymer Production at New Plant
Azerbaijan >> 3/14/2017 - SOCAR GPC, a gas-processing project of the State Oil Company of Azerbaijan Republic (SOCAR), has selected UNIPOL™ PE Technology licensed by Univation Technologies for use in its world-scale 600KTA pol...
Sinopec Starts Operation Of Crude Oil Pipeline In South China
China >> 3/14/2017 - China Petroleum and Chemical Corp has started operating a major crude oil pipeline that connects eastern Jiangsu province with refineries in south China, the company said in a statement. The pipeline,...
Indonesian Ambassador Visits BHOS
Indonesia >> 3/14/2017 - Ambassador of the Republic of Indonesia to Azerbaijan Dr. Husnan Bey Fananie visited Baku Higher Oil School (BHOS) and made presentation for BHOS students, staff membersç and academic teaching staff. ...
INPEX Signs Agreements for Transfer of Operations of the Mahakam Block
Indonesia >> 3/14/2017 - INPEX CORPORATION (INPEX) announced today that it has signed a series of agreements concerning the transfer of operations for the Offshore Mahakam Block (Mahakam Block) with PT Pertamina Hulu Mahakam ...
Gazprom & Moldovagaz Address Cooperation Prospects
Russia >> 3/14/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasile Botnari, Chairman of the Board of Directors of Moldovagaz, took place at the Gazprom headquarters toda...
February Production Report
Russia >> 3/14/2017 - Exillon Energy plc (EXI), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announce unaud...
Lukoil President & Head of Perm Territory Discuss Company Projects Underway
Russia >> 3/14/2017 - As part of his working visit to Perm, LUKOIL President Vagit Alekperov met with the head of the region, Maxim Reshetnikov, and discussed the company’s plans in the Perm Territory. ...
Accumulated Gas Production at Pyakyakhinskoye Field Exceeds 400 Million Cubic Meters
Russia >> 3/14/2017 - The accumulated production of natural gas at Pyakyakhinskoye oil and gas condensate field has exceeded 400 million cubic meters since the start of gas production in January 2017. The total accumulated...
Gazprom Neft Undertakes 20-Stage Fracking Operations First Ever in Yamal Peninsula
Russia >> 3/14/2017 - Gazpromneft-Yamal, a subsidiary of Gazprom Neft, has successfully completed 20-stage hydraulic fracking operations at its Novoportovskoye field, using “non-ball and socket” (Mongoose) technology — a m...
KrisEnergy Appoints COO & Announces Management and Board Changes
Singapore >> 3/14/2017 - KrisEnergy Ltd. (“KrisEnergy” or the “Company” or the “Group”), an independent upstream oil and gas company, announces changes to management and the Board of Directors following the recent financial r...
Shandong Yuhuang Shengshi Chemical Selects LyondellBasell Hostalen ACP PE Technology
China >> 3/13/2017 - LyondellBasell (LYB) announced Shandong Yuhuang Shengshi Chemical Inc. Ltd, has selected the LyondellBasell Hostalen ACP polyethylene process technology for a 200 KTA high density polyethylene (HDPE) ...
Jadestone Energy Acquires 50% Interest in Ogan Komering PSC from Repsol
Indonesia >> 3/13/2017 - Jadestone Energy has announced that Jadestone Energy International Holdings, a wholly-owned subsidiary of JSE, has closed the acquisition of a 50% interest in the Ogan Komering Production Sharing Cont...
NISOC & Tatneft Sign Oilfield Study Agreement
Iran >> 3/13/2017 - Russia's Tatneft signed a preliminary agreement with the National Iranian South Oil Company (NISOC) on Monday to study Shadegan Oilfield in southern Khuzestan Province. The agreement was signed by the...
KOGPC Meets 99% Production Target
Iran >> 3/13/2017 - KOGPC managed to reach its full production target by the end of the second half of the current Iranian calendar year, announced Managing Director of Karoun Oil & Gas Producing Company. ...
Kazakhstan's Oil Output In Feb Exceeds Level Agreed With OPEC
Kazakhstan >> 3/13/2017 - Kazakhstan's oil production in February exceeded its agreed limit under an OPEC-led deal to cut output and support prices, official Kazakh data showed on Monday. The central Asian country's output of ...
Russia's Gazprom Delays Baltic, Sakhalin LNG Projects
Russia >> 3/13/2017 - Russia's Gazprom has delayed liquefied natural gas (LNG) plans on Sakhalin island and in the Baltic Sea, a Eurobond presentation showed on Monday. The delays could disrupt Russia's plans to carve out ...
Seadrill Announces Settlement of West Mira Arbitration
Singapore >> 3/13/2017 - Seadrill has reached a settlement agreement with Hyundai Samho Heavy Industries ('HSHI') in relation to the West Mira arbitration. Seadrill will receive a cash payment of $170 million in March 2017 as...
Billionaire Fredriksen Buys Rig, Ends Hyundai Dispute
South Korea >> 3/13/2017 - Billionaire investor John Fredriksen has agreed to buy an oil drilling vessel from South Korean shipyard Hyundai Samho Heavy Industries, ending a lengthy dispute, rig company Seadrill said on Monday. ...
Deputy Managing Director Visiting Azar Oilfield
Iran >> 3/11/2017 - Seyed Nurodin Shahnazizadeh, PEDEC’s managing director and chairman of the Board, visited the Development Project of Azar Oilfield on Tuesday, March 07, 2017, on the eve of the early production from t...
Iran Gas Distribution System Top in World
Iran >> 3/11/2017 - First Vice-President Eshaq Jahangiri says that the natural gas distribution network in Iran is one of the worlds most formidable ones. ...
Gazprom Attempt to Contribute in the Development Project of Changuleh Oilfield
Russia >> 3/11/2017 - “Gazprom is willing to work with PEDEC in the two fields of Changuleh and Cheshmeh-khosh,” deputy managing director of Gazprom said. According to Petroleum, Engineering and Development Company (PEDEC)...
Companies to Invest $3.3 billion in Solar Projects in Vietnam's Daklak Province
Vietnam >> 3/11/2017 - Vietnam's Daklak province granted licences and signed memorandums of understanding for the development of several solar power projects worth a combined $3.3 billion. ...
Amec Foster Wheeler Wins Major Contract by Brunei Shell Petroleum
Amec Foster Wheeler Wins Major Contract by Brunei Shell Petroleum Brunei Darussalam >> 3/10/2017 - Amec Foster Wheeler has been awarded a major contract by Brunei Shell Petroleum Sdn Bhd (BSP) for the rejuvenation of assets in Brunei. The work includes concept, Front End Engineering Design (FEED), ...
China's CEFC Courts 'Teapots' For First Domestic Refinery Acquisition
China >> 3/10/2017 - Privately-run conglomerate CEFC China Energy has approached several independent Chinese oil processors seeking to acquire its first domestic refinery operation, its next move towards becoming a global...
Rosneft Increases Petroleum Product Supplies to Turkey
Russia >> 3/10/2017 - Rosneft signed a number of documents with Turkey's leading energy companies on the sidelines of the top level negotiations between the President of Russia Vladimir Putin and the President of Turkey Re...
Lukoil Group Approves Antitrust Compliance Provisions
Russia >> 3/10/2017 - In furtherance of the provisions of the LUKOIL Group Antimonopoly Policy, as recommended by Russia's Federal Antimonopoly Service (FAS Russia), LUKOIL Group's companies located in Russia have approved...
Russia's Gazprom Says Launch of Baltic LNG Postponed Until 2022-2023
Russia >> 3/10/2017 - Russian gas giant Gazprom has postponed the launch of its Baltic liquefied natural gas (LNG) plant in the Leningrad region until 2022-2023, it said in a prospectus for a Eurobond issue, a copy of whic...
SOCAR’s Budget Payments for February 2017
Azerbaijan >> 3/9/2017 - SOCAR paid AZN 134 million 471 thousand to the State Budget for February of the current year that is AZN 36 million 271 thousand (136,9%) more than the same period of 2016. In general, for January-Feb...
Sinopec to Boost Fine Chemicals Investment at Maoming Refining Hub
China >> 3/9/2017 - Sinopec Corp plans to boost investment in fine chemicals at its Maoming-Zhanjiang refining base in southern China alongside partners like Germany's BASF, a senior executive said in an interview on Thu...
Gathering Associated Gases of AMAK
Iran >> 3/9/2017 - In Khuzestan Province between Ahwaz, Ramhormoz, Shadgan and Bandar Imam Khomeini in an area of 6,000 meters square. ...
Statoil & Rosneft Move Forward with Samara Region Tight Oil Cooperation
Russia >> 3/9/2017 - The document was signed by Rosneft president Igor Sechin and Statoil CEO Helge Lund. This is another significant step forward following the heads of agreement for tight oil cooperation signed in June ...
Lukoil Presents Health, Safety & Enviromental Achievements
Russia >> 3/9/2017 - LUKOIL presented its latest developments in the field of industrial and environmental safety at Oil and Gas Safety – 2017: Refining and Petrochemistry, an international forum organized with the suppor...
China Stock Movements - February 2017
China Stock Movements - February 2017 China >> 3/8/2017 - The latest information for China showed total commercial oil inventories fell slightly by 0.4 mb in December to stand at 362.8 mb, which is 21.3 mb lower than the previous year. Within the components,...
Proserv Seals Significant Subsea Contract with Premier Oil
Indonesia >> 3/8/2017 - Proserv has been awarded a multi-million dollar contract with Premier Oil for work in Asia Pacific. Proserv will supply a subsea control system and associated equipment for the BIGP (Bison, Iguana & G...
PTTEP Farms-Out an Interest in Myanmar MD-7 Project to Total
Myanmar >> 3/8/2017 - PTT Exploration and Production Public Company Limited (PTTEP) has entered into a partnership agreement with Total E&P Myanmar to divest 50% participating interest in the Myanmar MD-7 Project, while PT...
AG&P & Air Liquide Sign MoU to Deliver Fully Integrated LNG Infrastructure Solutions
China >> 3/7/2017 - AG&P (Atlantic, Gulf and Pacific Company), a leading integrator of infrastructure solutions across the LNG supply chain, has signed a Memorandum of Understanding (MoU) with Air Liquide Global E&C Solu...
CSSC & Wartsila Establish New Electrical & Automation Joint Venture
China >> 3/7/2017 - Technology group Wartsila and China State Shipbuilding Corporation (CSSC) have signed a new joint venture company agreement. The new joint venture, to be known as CSSC Wartsila Electrical & Automation...
Iran to start Crude Oil Production from South Pars Oil Layer
Iran >> 3/7/2017 - Iran says it will start production of 35,000 barrels/day of crude oil from the oil layer of the supergiant South Pars Gas Field. ...
Iran May Award Kish Deal to Shell
Iran >> 3/7/2017 - Iran says it may start negotiations with global energy giant Shell over the development of Kish gas field which holds the country’s largest reservoirs of natural gas after South Pars. ...
Iran Says It ‘Understands’ Total’s Concerns
Iran >> 3/7/2017 - Iran says it understands why Total had to delay a decision to go ahead with the development of a key gas project in the country until the position of the new US administration toward foreign investmen...
SP 17, 18 Ready for Startup
Iran >> 3/7/2017 - Iran is ready to officially launch South Pars 17 and 18 projects, the managing director of Industrial Projects Management of Iran Company said. ...
Iran Ready to Swap Oil with Azerbaijan
Iran >> 3/7/2017 - Iranian President Hassan Rouhani said Tehran is ready to swap oil and petroleum products with Azerbaijan, expressing hope for further cooperation between the two neighboring countries. ...
Diplomat Revers Oil Industry for Achievements in Post-Sanctions Era
Iran >> 3/7/2017 - Abbas Araghchi, senior Iranian diplomat who was directly involved in Iran’s nuclear talks with the P5+1 group of countries, lauded the Iranian Ministry of Petroleum for its achievements since implemen...
MOP in Talks with Investors to Attract $85b of Finance
Iran >> 3/7/2017 - Deputy Minister of Petroleum in International Affairs and Trading Amir Hossein Zamaninia said the Iranian Ministry of Petroleum is in talks with investors to sign 25 deals valued at 85 billion dollars...
Iran & South Africa Eyeing GTL Project
Iran >> 3/7/2017 - Iran says it has started talks with South Africa over a strategic project to produce fuel from natural gas – a project that South Africa’s chemicals firm Sasol was pursuing in the Islamic Republic but...
Lukoil Completes Fourth Well at Filanovsky Field & Begins Drilling Fifth One
Russia >> 3/7/2017 - LUKOIL has completed drilling the fourth well at Filanovsky field in the Caspian Sea. The length of the horizontal section is 1,194 meters for the main bore and 1,366 meters for the lateral. The dual ...
Glavgosekspertiza Approves Construction of New Wastewater Treatment Facilities at Omsk Refinery
Russia >> 3/7/2017 - A project for the construction of cutting-edge wastewater treatment facilities at Gazprom Neft’s Omsk Refinery has been approved by Glavgosekspertiza of Russia. The construction of new closed wastewat...
Alim Gasimov was Guest at BHOS
Azerbaijan >> 3/6/2017 - Worldwide known Azerbaijani mugham singer, People’s Artist of Azerbaijan, holder of the Shohrat Order (Order of Glory) Alim Gasimov visited Baku Higher Oil School (BHOS) and participated in the tradit...
Azerbaijan Cuts Oil Output to 776,400 Bpd in Feb 2017
Azerbaijan >> 3/6/2017 - Azerbaijan cut oil production to 776,400 barrels per day (bpd) in February, sticking to its pledge to reduce output as part of a global deal, Energy Ministry said on Monday. ...
PetroChina Dalian Refinery Exports First Australian-spec Diesel Cargo
China >> 3/6/2017 - PetroChina's Dalian oil refinery exported on Feb. 27 a 40,000 tonne cargo of diesel fuel with that met Australian fuel quality specifications, the first shipment of its kind from China, according to a...
Indian Cabinet Approves Deal with ADNOC for Strategic Oil Storage
India >> 3/6/2017 - India has approved a deal for Abu Dhabi National Oil Co (ADNOC) to fill part of a strategic oil storage facility, the government said. ...
Vehicle Operation Management Support Service via ETC2.0 System
Japan >> 3/6/2017 - Marubeni Corporation (Marubeni) and Oki Electric Industry Co., Ltd. (OKI) cooperatively began working on the second term social experiment of “Vehicle operation management support service via the ETC2...
Gazpromneft-Aero Signs New Refueling Agreement with Flydubai
Russia >> 3/6/2017 - Gazpromneft-Aero, operator of the Gazprom Neft aviation refueling business, has signed a new agreement for the refueling of international flights from Ekaterinburg to Dubai at Koltsovo International A...

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