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Libya’s Biggest Oilfield Halts All Work After Employee Tests Covid Positive
Publish Date : 2020/09/01 Read MoreLibya’s largest oilfield, Sharara, is stopping all operations, and the operator is evacuating the workers as a foreign employee had tested positive for the coronavirus after coming into contact with the Petroleum Facilities Guard (PFG), Libya’s National Oil Corporation (NOC) said on Monday.
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Rouhani inaugurates major energy projects worth €4.7b
Publish Date : 2020/08/25 Read MoreTEHRAN – Iranian President Hassan Rouhani inaugurated three major energy projects valued at €4.7 billion via video conference on Monday, on the occasion of the Government Week (August 23-29), Shana reported.
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Oil Official: Iran Supporting Domestic Firms to Fight US Sanctions
Publish Date : 2020/08/22 Read MoreTEHRAN (FNA)- A senior official at Iran’s Persian Gulf Star Refinery (PGSR) said that the domestic companies operating in the oil and gas industry are receiving more support to help the country decrease impacts of the US cruel sanctions.
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Iran’s Oil Industry Turns Sanctions into Opportunities
Publish Date : 2020/08/19 Read MoreTEHRAN (FNA)- Chief Executive of Iranian Offshore Engineering and Construction Company (IOEC) Saeed Vafapour said that the US sanctions have been turned into opportunities as the company has been successful to manufacture parts domestically.
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NIOC subsidiaries ink 13 oil field development deals with domestic firms
Publish Date : 2020/08/17 Read MoreTEHRAN – Two subsidiaries of the National Iranian Oil Company (NIOC) have signed 13 deals with domestic companies for the development of the country’s oil fields, Shana reported.
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OPEC+ plans to pump more crude into a precarious global oil market
Publish Date : 2020/08/16 Read MoreThe COVID-19 pandemic will have a profound and lasting impact on oil supply, demand and price for the next 10 years. Two scenarios are presented to help producers understand the challenges associated with fast/slow economic recoveries.