Iran is dramatically increasing its natural gas export capacity in preparation for the lifting of international sanctions, President Hassan Rouhani said, as he courted foreign investment in the sector during a summit meeting in Tehran.
Iran's oil minister said on Saturday Tehran does not need to seek permission from Organisation of the Petroleum Exporting Countries ( Opec) to increase oil production, state news agency IRNA reported.
"To increase Iran
Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters on Saturday.
Iran is trying to lure back international oil co
India's biggest gas importer Petronet LNG is close to renegotiating a major deal with its Qatari supplier Rasgas, lowering the cost of gas shipments and avoiding a $1.5 billion penalty fee for lifting less gas than agreed, two sources said.
Genel Energy, a main oil producer in Iraqi Kurdistan, plans to establish a joint company with the Iraqi Kurdish government to develop gas fields, its chairman said on Friday.
Tony Hayward also said at a confere
Abu Dhabi Gas Liquefaction (Adgas) said on Tuesday it expects to complete expansion of its natural gas processing facilities by mid-2018 to help meet rising local demand.
The project will develop and expand facilities to boost gas
Greenhouse gas emissions in 2030 could still be up to 12 billion tonnes more than the level needed to keep global warming within two degrees Celsius this century, a United Nations report estimated on Friday.
Chemical weapons experts have determined that mustard gas was used in a Syrian town where Islamic State insurgents were battling another rebel group, according to a report by an international watchdog seen by Reuters.