Iran aims to break out of exile
Iran is seeking foreign investors and markets in a new drive to develop its natural gas reserves and establish itself as a major energy supplier.
Stay up to date with the latest news and updates from the oil industry.
Iran is seeking foreign investors and markets in a new drive to develop its natural gas reserves and establish itself as a major energy supplier.
Wood Group has been awarded a three year operations and maintenance support services contract by Chevron North Sea Ltd (Chevron) for its Alba, Captain and Erskine fields.
Petrolifera Petroleum Ltd has made significant progress in the remediation programme at the La Pinta 1X well on its Sierra Nevada License in the Lower Magdalena Basin, onshore Colombia.
Recent news from the European downstream industry in Italy, Poland, Romania and Britain.
Peabody Energy has shipped the first coal to the new Newcastle Coal Infrastructure Group export terminal in Newcastle, Australia. The NCIG terminal is an important part of the miners plans to nearly double coal exports from Australia by 2014.
Aminex PLC has announced that the Olympia Minerals-1 well (OM-1) at Shoats Creek was spudded on 17 February 2010 using the Crown Drilling Rig No. 2.
Europe’s hydrocarbon industry now sits in a precarious position as to the future of its energy supply. Currently Europe is dependant on Middle Eastern and Russian supplies. However, Europe is predicted to become more heavily dependent on external supplies over the next decade.
Whilst the risk of a pirate attack on an LNG vessel transiting through the Gulf of Aden may have increased in the last few months, there are many measures that can be taken to guard against such attacks.
ExxonMobil has announced that additions to its proved reserves in 2009 totalled 2 billion bbls of oil equivalent, replacing 133% of production.
The Obama administration has announced a massive loan guarantee to help build two new reactors.
A summary of two environmental issues within the oil industry.
Novatek, the Russian gas producer plans to send LNG shipments to Asia from its fields on the Yamal peninsula in the Arctic via the Arctic Ocean.