Saturday 23 November 2024
 
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oil gas

World congress to discuss energy future

  The future prospects of the oil & gas, coal, nuclear, and renewables sectors will be discussed by leading figures in the energy sector at the 2013 World Energy Congress in South Korea in October.  

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Iran discovers new oil, gas field

Iran's oil minister announced on Saturday the discoveries of an oil field and a gas field, estimating the total value of their reserves at $85 billion, a semi-official news agency reported. Massoud Mirkazemi said the newly-discovered o

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Iran sees $7bn deals with Europe, India

Iran expects to finalise two energy contracts totalling $7 billion with an unnamed European firm and with India's state-run Oil and Natural Gas Corp respectively, state broadcaster IRIB said on Tuesday. Citing Mahmoud Zirakchian-zadeh, man

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Saudi shura urges long-term gas strategy

Saudi Arabia's advisory Shura Council has urged the oil ministry to come up with a long-term strategy for domestic gas supplies and demanded greater transparency in allocation of the fuel. Demand for gas in the kingdom for power and in

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Technology to help boost oil production

Investments in technologies are set to increase oil production and reserves in the Middle East, according to an expert. The Middle East oil & gas producers could substantially boost production and reserves through investment in technol

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