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Rosneft Attracts a Consortium of Japanese Companies to Undertake Joint Exploration
Russia >> 12/16/2017 - Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relati...
APC to Be Renovated
Iran >> 12/7/2017 - Managing Director of Tamin Petroleum & Petrochemical Investment Co. (TAPPICO) Mohammad-Hassan Peyvandi says Abadan Petrochemical Co. (APC), which is the oldest polymer company in the Middle East, is t...
Roxi Petroleum Announces BNG Operational Update
Kazakhstan >> 1/17/2017 - Roxi Petroleum, the Central Asian oil and gas company, with a focus on Kazakhstan, has updated the market with news from its BNG Contract Area. ...
TPL Provides a Corporate Update in Georgia
Georgia >> 1/16/2017 - Tethys Petroleum Limited (TPL) announces a corporate update. ...
South Koreas Iranian Oil Imports Up 8 Times
Iran >> 1/16/2017 - Official figures manifest that South Korea’s imports of oil from Iran last December soared about eight times greater than a year ago _ suggesting that the country is getting a stronger position in the...
Lorestan Petchem Plant Operational
Iran >> 1/16/2017 - Lorestan Petrochemical Plant has come on-stream with 90% of its nameplate production capacity, the facility's CEO said. Mohammad Hossein Maghazehei said the plant has produced 137,000 tons of petroche...
Iran Plans to Launch 5 Petchem Projects by March 2017
Iran >> 1/16/2017 - Iran is to launch 5 new petrochemical projects within the remaining two month of the current calendar year to March 20, a senior petrochemical official said. ...
Iran Petchem Industry in Need of $55b Investment in 10 Years
Iran >> 1/16/2017 - Iran says it will need at least 55 billion dollars in investment in its petrochemical sector to bring its annual output to 150 million tons from the current 60 mt/y production capacity within the next...
Iran 9-Month Petchem Output at 37.6mt
Iran >> 1/16/2017 - Iranian petrochemical plants processed 37.6 million tons of petrochemical products in the first 9 months of the current Iranian calendar year which began on March 20. According to the National Petroch...
Gazpromneft-Aero is the First Russian Company to Automate Recordings of Aviation Fuel Supplies
Russia >> 1/16/2017 - Gazpromneft-Aero is the first Russian aviation fuel operator to switch to automated recording of aviation fuel supplies when refueling commercial aircrafts. This will substantially reduce the time req...
The Naphtha Hydrotreatment Installation Start-Up & Commissioning Works Are Underway at TANECO
Russia >> 1/16/2017 - They started start-up and commissioning works at the naphtha hydrotreating installation of the TANECO Complex started. The forecast duration of the program is expected to take 60 days. ...
Iran Reachs Qatar in South Pars Gas Production
Iran >> 1/14/2017 - Mohammad Meshkinfaamannounced the current daily production of South Pars field as 500 million cubic feet meters in the press conferences held on the occasion of the 18th anniversary of the company est...
CNOOC Commences Production at Penglai 19-9
China >> 1/13/2017 - CNOOC Limited has announced that the Penglai 19-9 comprehensive adjustment project has commenced production. ...
Russia's Novatek Says Gas Output Down 2.7% In 2016
Russia >> 1/13/2017 - Russia's No.2 natural gas producer Novatek said its gas output declined by 2.7 percent in 2016, while gas condensate and oil production jumped by almost 37 percent as it commissioned new fields. ...
Russia's Lukoil CEO, His Deputy Sell Shares Worth $16.4 MM
Russia >> 1/13/2017 - Russia's No. 2 oil producer Lukoil said on Friday that its chief executive officer Vagit Alekperov and his deputy Leonid Fedun had sold Lukoil shares worth $16.375 million in total on Jan. 10.
Sakhalin Energy & Gazprom Signed Long-Term LNG Tanker Charter Agreement
Russia >> 1/13/2017 - Sakhalin Energy and Gazprom Marketing & Trading (GMT) signed a 10-year Ob River LNG tanker time-charter agreement. The document was signed by Andrey Okhotkin, Sakhalin Energy Commerce director and by ...
Petrovietnam, Exxon Mobil Sign Deal On Gas Generation
Vietnam >> 1/13/2017 - State energy group PetroVietnam (PVN) signed an agreement with the Vietnamese unit of U.S. Exxon Mobil Corp on Friday to develop the country's biggest gas project for power generation, the state firm ...
Project Participants Awarded at BHOS
Azerbaijan >> 1/12/2017 - An awarding ceremony dedicated to completion of the Quantum Physics Presented by Young Scientists was held at Baku Higher Oil School (BHOS). The project was implemented with financial support from You...
TAP Completes First Phase of Access Roads and Bridges Rehabilitation in Albania
Azerbaijan >> 1/12/2017 - At the end of 2016, Trans Adriatic Pipeline (TAP) AG completed the first phase of road infrastructure rehabilitation in Albania, comprising the upgrade of approximately 58km of access roads, construct...
China's CNPC Forecasts Record Oil Demand, Warns On Product Glut
China >> 1/12/2017 - China's crude oil demand will grow by 3.4 percent this year to a record of almost 12 million barrels per day (bpd), the country's top state-owned oil producer forecast on Thursday, as refiners in the ...
Horizon Oil Reports Significant Production Milestone at Beibu Gulf Fields
China >> 1/12/2017 - Horizon Oil has advised that on 10 January 2017 production from the Beibu Gulf fields, offshore China, which came on stream in March 2013, reached a total of 13.9 million barrels of oil. ...
OECD Asia Pacific Oil Demand - December 2016
OECD Asia Pacific Oil Demand - December 2016 Japan >> 1/12/2017 - With data up to October 2016, oil demand in Japan has been determined by falling requirements in the direct use of fuel and crude oil for electricity generation, as a result of increasing substitution...
Results of the TATNEFT’s Reservoir Pressure Maintenance System Development
Russia >> 1/12/2017 - PJSC TATNEFT continues implementation of advanced technologies for reservoir pressure maintenance (RPM) aimed at reducing energy costs and increasing production efficiency. 2016 witnessed adoption of ...
SOCAR’s Statement on Gas Pipeline Accident
Azerbaijan >> 1/11/2017 - Maintenance and repair works started at main gas pipeline. A fire broke out at 1000-mm Sangachal - Gazimammad main gas pipeline, on January 10 at about 20.45 pm. Gas pipeline was localised to extingui...
SOCAR’s Budget Payments for December 2016
Azerbaijan >> 1/11/2017 - SOCAR paid AZN 129 million 56 thousand to the State Budget in December 2016 which is AZN 53 million 736 thousand (171,3%) more than the same period of 2015. For January-December 2016, SOCAR transferre...
India's Petronet LNG Sees Kochi Terminal At 40% Capacity By 2019
India >> 1/11/2017 - India's biggest gas importer Petronet LNG expects its 400 km pipeline connecting the Kochi LNG terminal in the south to industries further north to be ready in two years, managing director Prabhat Sin...
Chiyoda Awarded EPCC of Refrigerated Gaseous Tanks Facility Project
Malaysia >> 1/11/2017 - Chiyoda Corporation is pleased to announce that Chiyoda and its subsidiary Chiyoda Malaysia Sdn. Bhd. Have been awarded a contract rom Dialog Plant Services Sdn. for Engineering, Procurement, Construc...
SapuraKencana and Proserv Join Forces in Asia Pacific
Malaysia >> 1/11/2017 - SapuraKencana Petroleum Berhad’s (SKPB) wholly-owned subsidiary, SapuraKencana Technology Sdn Bhd (SK Technology) and Proserv are joining forces to provide enhanced technology services offerings to cl...
PETRONAS Selects LyondellBasell Hostalen ACP PE Technology for 400 KTA Malaysia project
Malaysia >> 1/11/2017 - LyondellBasell (LYB) announced PRPC Polymers Sdn Bhd (PRPC Polymers), a wholly owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), has selected the LyondellBasell Hostalen “Advanced Cascade Pro...
Searcher Commences 3D Seismic Reprocessing in PNG
Papua-New Guinea >> 1/11/2017 - Searcher Seismic has commenced a significant 3D reprocessing project, offshore Papua New Guinea. The project comprises reprocessing existing open-file 3D datasets with a modern broadband de-ghosting a...
Russia's Tuapse Oil Refinery Yet to Restart Main Unit After Fire
Russia >> 1/11/2017 - Russia's Tuapse oil refinery, which is owned by Rosneft, has yet to restart its sole primary processing CDU-12 unit after a pump was damaged by a fire on Wednesday, the energy ministry said. Plant off...
CNOOC Diverted Two LNG Cargoes from Tianjin After Pipeline Fire
China >> 1/10/2017 - China's state-owned energy company CNOOC diverted two cargoes of imported liquefied natural gas (LNG) after a pipeline fire in northern China's Tianjin, though imports were normal as of Monday, trader...
ACC & VAST Cooperate on Rooftop Solar PV Station in China
China >> 1/10/2017 - Asia Clean Capital ("ACC") announced a 1.15-megawatt solar power supply agreement with VAST China Co., Ltd ("VAST") at the VAST production base located in Taicang, Jiangsu province. Under the terms of...
ABB Wins $640 million Mega Deal for Long Distance Power Transmission Link in India
India >> 1/10/2017 - ABB has teamed up with India’s national electricity grid operator Power Grid Corporation of India Limited (POWERGRID) in a mega project worth over $640 million for ABB to deliver a transmission link t...
Lion Energy Reports Encouraging Oil & Gas Shows in Amanah Timur-1 Well
Indonesia >> 1/10/2017 - Lion Energy has announced that encouraging gas readings, combined with some oil fluorescence shows have been encountered in the objective '400' sandstone from 80m KB to the midnight depth of 154m KB. ...
Gas Indonesia Summit 2017 - Rescheduled for 12 – 14 July 2017
Gas Indonesia Summit 2017 - Rescheduled for 12 – 14 July 2017 Indonesia >> 1/10/2017 - The Indonesian energy landscape is going through a “business revolution” all to a positive note. Helmed by two newly appointed high-calibre leaders, Ignasius Jonan as Minister of Energy and Mineral Re...
Yokogawa Meters & Instruments Releases AQ6374 Optical Spectrum Analyzer
Japan >> 1/10/2017 - Yokogawa Meters & Instruments Corporation announces that it has developed the AQ6374 optical spectrum analyzer and will release it on January 11. The AQ6374 features a wide dynamic range and high wave...
Roxi Petroleum Announces Operational Update
Kazakhstan >> 1/10/2017 - Roxi Petroleum, the Central Asian oil and gas company, with a focus on Kazakhstan, has updated the market with news from its BNG Contract Area. ...
Frontera Signs Concession Agreement with Government of Moldova
Moldavia >> 1/10/2017 - Frontera Resources Corporation, an independent oil and gas exploration and production company, is pleased to announce that, on 2 January 2017, Frontera Resources International LLC, a fully-owned subsi...
Nord Stream Utilisation Averages 80% in 2016
Russia >> 1/10/2017 - The Nord Stream Pipeline operated at 80 per cent of its annual capacity of 55 billion cubic metres (bcm). 43.8 bcm of natural gas were delivered to consumers in the European Union. This is yet another...
Rosneft Signs Oil Supply Deal With Firm Linked to Qatar & Glencore
Russia >> 1/10/2017 - Russian oil major Rosneft has concluded a deal with a company linked to Qatar and commodities trader Glencore to supply up to 55 million tons of crude in total over a 5-year period, Rosneft said in a ...
Gazprom Neft Expects to Start Pilot Project Works at Severo-Samburgskoye Field in 2017
Russia >> 1/10/2017 - Gazprom Neft subsidiary Gazpromneft-Yamal has announced plans to begin pilot operations at the Severo-Samburgskoye field, located in the Purovsky district in the Yamalo-Nenets Autonomous Okrug, in 201...
SIBUR & Cryogenmash Sign Agreement to Supply Industrial Gases to ZapSibNeftekhim
Russia >> 1/10/2017 - SIBUR and Cryogenmash (part of the OMZ Group) have signed an agreement to build an industrial gas production facility at ZapSibNeftekhim (currently under construction). ...
Azeri Oil Exports via Turkey Pipeline Rise 1.3 Pct in 2016
Azerbaijan >> 1/9/2017 - Azeri oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey rose 1.3 percent last year to total 28.86 million tonnes, state energy company SOCAR said on Monday. Oil exports...
2,4 million tons of Azerbaijani Oil Transported via BTC in December 2016
Azerbaijan >> 1/9/2017 - 2 million 386 thousand 450 tons of Azerbaijani oil were transported via BTC main export pipeline in December 2016. 28 mln 862 thousand 673 tons of oil were exported from Ceyhan Port in January-Decemb...
1,9 mln tons of Oil Delivered from Ceyhan Port to World Market in December 2016
Azerbaijan >> 1/9/2017 - 1 mln 887 thousand 729 tons of Azerbaijani oil were delivered from Ceyhan Port to the world market in December 2016. ...
China's CEFC Agrees With Kazakh State Oil Unit On Stake Transfer
China >> 1/9/2017 - Private group CEFC China Energy has signed a new deal with a unit of Kazakhstan's state oil and gas company owning assets mainly in Europe to go ahead with a stake transfer that was agreed a year earl...
Japan Oil Trade - December 2016
Japan Oil Trade - December 2016 Japan >> 1/9/2017 - Japan’s crude oil imports dropped in October by 182 tb/d, or 6%, to average 3.1 mb/d. Y-o-y, crude imports also declined in October by 67 tb/d, or 2%. ...
SapuraKencana Awarded Contracts Worth $300 million
Malaysia >> 1/9/2017 - SapuraKencana Petroleum Berhad’s (SapuraKencana) wholly-owned subsidiaries have been awarded contracts with a combined value of approximately USD 300 million (approximately RM 1.34 billion, based on U...
Jura Energy Announces Zarghun South-3 Completion and Test Results
Pakistan >> 1/9/2017 - Jura Energy has provided an update on the Zarghun South-3 development well ('ZS-3'), in the Zarghun South Development and Production Lease. The well has been successfully completed as a gas producing ...
Russia Cuts Oil Output by 100,000 Bpd in Early Jan 2017
Russia >> 1/9/2017 - Russia cut its oil production in early January by around 100,000 barrels per day (bpd) from the previous month after an agreement with OPEC to cap global crude output, two sources from the energy sect...
Gazprom Neft Discovers New Field in Orenburg Oblast
Russia >> 1/9/2017 - Gazprom Neft subsidiary Gazpromneft Orenburg has discovered a new field — the Novosamarskoye — in the Sorochinsky district of the Orenburg Oblast. Initial oil-in-place reserves are estimated at more t...
Rosneft Strengthens Cooperation with China
Russia >> 1/9/2017 - Rosneft and CNPC signed an amendment to the agreement envisaging additional supplies via Kazakhstan and the prolongation of the contract signed on 21.06.2013 till 31.12.2023. Deliveries from 01.01.201...
South Pars Phase 22 Tripod & Deck Installed
Iran >> 1/8/2017 - The tripod and flare deck of the phase 22 platform of development plan of South Pars phases 22, 23, and 24 was installed in the offshore position of the platform by Tuesday, 3rd of January. ...
Iran Gas Output up 50% in 3 Years
Iran >> 1/7/2017 - Iranian Minister of Petroleum Bijan Zangeneh says Irans gas output has raised its natural gas output by 50% over the course of the past three years. ...
Drilling Works for December 2016
Azerbaijan >> 1/6/2017 - SOCAR (excluding Joint Ventures and Operating Companies) conducted 4882 metres of drilling works in December 2016. Of this amount, 4839 metres were development drilling and the rest - exploration dril...
China Extends Tax Waivers For Oil, Gas Drilling Equipment
China >> 1/6/2017 - China is extending tax waivers for importing key drilling and production equipment for both onshore and offshore oil and gas development, the Ministry of Finance said on Friday. The ministry said C...
Saudis & Russia to Diverge on Speed of Oil Output Cuts
Russia >> 1/6/2017 - OPEC and non-OPEC members have pledged to cut their combined oil production by an average of just over 1.7 million barrels per day (bpd) in the first six months of 2017. ...
Crude Oil & Oil Products Export for December 2016
Azerbaijan >> 1/5/2017 - In December 2016, SOCAR has exported 79 846 tons of crude oil from Novorossiysk port, 170 965 tons from Supsa port, and 1 290 954 tons from Ceyhan port.Generally, 1 217 799 tons of crude oil was expor...
BHOS Student Completed Pearl of Garabagh Project
Azerbaijan >> 1/5/2017 - Fifth-year Chemical Engineering student of Baku Higher Oil School (BHOS) Ruslan Hadjiyev became a winner of 8th contest for grants of the Youth Foundation under the President of the Azerbaijan Republi...
Crude Oil Prices in December 2016
Azerbaijan >> 1/5/2017 - In December 2016, price for Brent crude oil in the world market was $53,60 per barrel, Urals oil - $52,69 and BTC FOB Ceyhan crude oil - $54,92.
China to Plough $360 Bln into Renewable Fuel by 2020
China >> 1/5/2017 - China will plough 2.5 trillion yuan ($361 billion) into renewable power generation by 2020, the country's energy agency said on Thursday, as the world's largest energy market continues to shift away f...
Iran Plans 40% Oil Recovery Rate in 30 Years
Iran >> 1/5/2017 - A senior Iranian oil official says the country has plans to bring its oil recovery rate to an average of 40% in a 30-year period. ...
HMC Chooses Emerson Automation Solutions to Provide VRC System
Singapore >> 1/5/2017 - Heerema Marine Contractors has chosen Emerson Automation Solutions to provide a valve remote control (VRC) system for the world’s largest semi-submersible offshore crane vessel, SSCV Sleipnir, current...
Technip Awarded a Service Contract for a New Petrochemical Complex
Azerbaijan >> 1/4/2017 - Technip has been awarded by SOCAR GPC a service contract for the ethylene and cryomax technology licenses respectively for a petrochemical complex and for the NGL(1) recovery section of a gas processi...
Chinese Solar Industry Targets Booming Middle East
China >> 1/4/2017 - Chinese solar panel manufacturers are targeting the Middle East, North Africa, and South Asia markets, with large-scale investment in renewable energy expected to drive a rapid increase in demand for ...
Lion Energy Spud the AMT-1 Exploration Well
Indonesia >> 1/4/2017 - Lion Energy is pleased to announce the spud of the exciting Amanah Timur-1 (AMT-1) exploration well, located in the South Block A PSC in the prolific North Sumatra Basin. The well is currently prepari...
Vitol Clinches $1 Billion Pre-Finance Oil Deal with Iran
Iran >> 1/4/2017 - The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, ac...
Japan's Inpex In Running To Develop Major Iran Oilfield
Iran >> 1/4/2017 - Japan's Inpex Corp is in the running to develop a major oilfield in Iran, Kyodo News reported on Wednesday, as Tehran looks to aggressively ramp up crude output following the lifting of sanctions. Jap...
INPEX Begins Natural Gas Supply to the Hokuriku Factory
Japan >> 1/4/2017 - Inpex Corporation (INPEX) has begun supplying natural gas to the Hokuriku Factory of Asahi Soft Drinks Co., Ltd. (Asahi Soft Drinks) through the Toyama Line extension of its natural gas trunk pipeline...
Regal Petroleum Provides Update on Ukraine Operations
Ukraine >> 1/4/2017 - Regal Petroleum plc, the AIM-quoted oil and gas exploration and production group, announces an update of its operational activities at its Ukrainian gas and condensate fields, which comprise the Mekhe...
Regal Petroleum Provides Update on Ukraine Operations
Ukraine >> 1/4/2017 - AIM-listed Regal Petroleum has announced an update of its operational activities at its Ukrainian gas and condensate fields, which comprise the Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV...
Iran Discloses Giants Eligible for New Oil Plans
Iran >> 1/3/2017 - A list of over two dozen international energy firms has been publicized by National Iranian Oil Company (NIOC) in which there has been named qualified companies to bid for the countrys new oil and gas...
Iran Denies Any Deal with Iraqi Kurdistan for Building Oil Pipelines
Iran >> 1/3/2017 - Iran has denied it has reached an agreement with the Kurdistan Region of Iraq for laying out joint oil pipelines. The public relations department of the Iranian Ministry of Petroleum announced on Tue...
Russian Gas Transit Volumes via Ukraine Up 23% in 2016
Russia >> 1/3/2017 - Russian natural gas volumes sent via Ukraine to European consumers rose by 23 percent in 2016 to 82.2 billion cubic metres (bcm), Ukrainian gas transport monopoly Ukrtransgaz said on Tuesday. ...
New Strategic Partnership Between Glencore & Qatar Investment Authority Relating to Rosneft
Russia >> 1/3/2017 - The Company announces that final settlement has been completed and closing achieved for the transaction described in its release of 10 December 2016.
Turkmenistan Limits Natural Gas Supplies To Iran Over Arrears
Turkmenistan >> 1/3/2017 - Turkmenistan since Jan. 1 has limited natural gas supplies to Iran over unpaid past deliveries, the Turkmen Foreign Ministry said on Tuesday, a day after Iran said supplies through a cross-border pipe...
Blast Hits Azeri Gas Pipeline Near Baku
Azerbaijan >> 1/2/2017 - An explosion has occurred at a gas pipeline near Azerbaijan's capital Baku early on Monday, the country's Emergencies Ministry said, the second such incident in a week. ...
Iran Names 29 International E&P Companies for Upstream Oil Tenders
Iran >> 1/2/2017 - The National Iranian Oil Company (NIOC) has released the list of 29 qualified foreign oil and gas exploration and production (E&P) companies for attending tenders aimed at developing upstream projects...
SK Innovation to Invest Up to $2.5 Bln in 2017 to Boost Growth
South Korea >> 1/2/2017 - SK Innovation Co Ltd, which owns South Korea's top refiner SK Energy, said on Sunday it will spend up to 3 trillion won ($2.49 billion) in chemicals, oil exploration and battery businesses to boost it...
Gachsara to Raise Output Capacity
Iran >> 1/1/2017 - Two fresh desalination units, enjoying capacity of 160,000 barrels per day will be inaugurated soon, said Managing Director of Gachsaran Oil & Gas Producing Company. ...
Asias November Imports of Iranian Oil more than Double from Year Ago
Iran >> 12/31/2016 - Imports of crude oil by Irans four major buyers in Asia in November more than doubled for a second straight month from a year ago, with purchases by India and South Korea more than four times higher, ...
Sinopec Starts Supplying Cleaner Fuel to Beijing in Anti-Smog Drive
China >> 12/30/2016 - China's largest state refiner Sinopec Corp on Friday began supplying the Chinese capital with a new, lower-emission grade of petrol and diesel in line with efforts to combat smog that has plagued the ...
China Court Sentences 23 People to Jail for Smuggling Fuel
China >> 12/30/2016 - A court in eastern China has sentenced 23 people to jail of up to 15 years for smuggling refined fuel, state news agency Xinhua reported on Friday. ...
China's Top Oilfield to Cut Capex by 20% in 2017
China >> 12/29/2016 - China's largest oilfield Daqing will slash capital spending in 2017 by 20 percent from a year earlier, owner PetroChina said late on Wednesday, even as it looks to keep output steady. ...
Sergey Khomyakov Joins Presidential National Council for Professional Qualifications
Russia >> 12/29/2016 - Pursuant to the Russian President’s Decree No. 676 dated December 18, 2016, Sergey Khomyakov, Deputy Chairman of the Gazprom Management Committee, is now a member of the Presidential National Council ...
Gazprom Neft Organises Projects for Civic Activists in Omsk & Khanty-Mansiysk
Russia >> 12/29/2016 - As 2016 draws to a close, Gazprom Neft has reviewed the outcomes of its “Your Town in Your Own Hands” project laboratory, organised as part of the company’s “Home Towns” corporate social responsibilit...
Acquisition of shares in Dan Swift Completed
Singapore >> 12/29/2016 - Reference is made to the announcement by Prosafe SE (Prosafe) on 13 December concerning execution of definitive agreements to acquire all of the outstanding shares in the two single purpose companies ...
85th Anniversary of Farman Salmanov Celebrated at BHOS
Azerbaijan >> 12/28/2016 - A conference dedicated to the 85th anniversary of the outstanding Azerbaijani oilman and geologist, Hero of Socialist Labor, Doctor of Geological and Mineralogical Sciences, corresponding member of th...
SOCAR Hosts Iranian Delegation
Azerbaijan >> 12/28/2016 - SOCAR President Rovnag Abdullayev met with a delegation led by Mahmoud Vaezi, Iran's Minister of Communication and Information Technology, co-chairman of intergovernmental commission. ...
High-Output Gas Well Commissioned at Umid Field
Azerbaijan >> 12/28/2016 - A high-output gas-condensate well of Umid field, the well No 14, became operational after drilling started in March, 2015 to develop the field’s resources and prove capacity of its north-western part....
Iran's Economy Before & After Sanctions
Iran >> 12/28/2016 - Iran’s domestic and international predictions expect that economic growth will be more than 5% in 2016, after emerging from years of isolation and crippling international sanctions over the country's ...
Last Platform of South Pars Phases 17 & 18 Installed
Iran >> 12/28/2016 - The last platform of the phases 17 & 18 of South Pars weighting 2300 tons was installed successfully at the location of 17B platform by 25th of December 2016. ...
Trident Energy Looks to Invest in Southeast Asia Oil & Gas Assets
Malaysia >> 12/28/2016 - Private equity-backed Trident Energy will scour for oil and gas assets in Southeast Asia, with a focus on mid-life producing assets that can be redeveloped to create value, a senior executive told Reu...
Gazprom Management Committee Commends Progress Made on Nord Stream 2
Russia >> 12/28/2016 - The Gazprom Management Committee took note of the information on the progress of the Nord Stream 2 project.The meeting commended the progress made on Nord Stream 2, stressing that the project was goin...
Gazprom’s Science & Technology Prize Goes to Engineering Solutions for UGS Well Productivity
Russia >> 12/28/2016 - The award ceremony for the 2016 edition of Gazprom’s Science and Technology Prize took place at the meeting of the Company’s Management Committee. It was noted that the total economic benefit of the a...
Russia's Transneft Says Storm Halts Oil Loadings From Kozmino
Russia >> 12/28/2016 - Oil loadings from the Russian Pacific port of Kozmino have been suspended because of a storm, Russian oil pipeline monopoly Transneft said on Wednesday. Transneft said weather conditions were expected...
Gazprom Neft Begins Pre-Commissioning Works on Orenburgskoe Field
Russia >> 12/28/2016 - Gazprom Neft has completed construction and begun pre-commissioning works on gas-transportation infrastructure at the Eastern section of the Orenburgskoe oil and gas condensate field. A gas pipeline w...
Statement on Gas Pipeline Accident
Azerbaijan >> 12/27/2016 - A fire blazed up on 1000-mm major gas pipeline between Gas Processing Plant and Sangachal units in Garadagh region of Baku. The gas was changed to alternative pipeline while firefighters were localizi...
Marubeni & Shanghai Fosun to Collaborate on a Pharmaceuticals & Related Products
China >> 12/27/2016 - Marubeni Corporation (“Marubeni”) has concluded an agreement with Shanghai Fosun Pharmaceutical Development Co., Ltd., wholly owned by Shanghai Fosun Pharmaceutical (Group) Co., Ltd., (“Fosun Pharma”)...

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