Tuesday 29 July 2014
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.  


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


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


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


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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