China7 years ago
Vietnam ‘drilling for oil in Chinese-claimed territory’
A report says Vietnam has started drilling for oil in disputed territory claimed by China in the South China Sea.
oil drilling
Biden administration backs Alaska oil drilling project approved under Trump
Turkey extends gas exploration in disputed Mediterranean waters
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Energy8 years ago
Iran’s first oil recovery race is against Iraq
The priority for now is to develop jointly-owned oil and gas fields which are being dried out by Iran’s neighbors.
Energy8 years ago
Iran, Russia ink $1 billion oil rig deal
Russian shipbuilder Krasnye Barrikady and Iran's Tasdid have signed a deal to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf.
Russia9 years ago
Russia presents claim over Arctic to UN
Russia presents a revised bid to the UN for the extension of its share of the Arctic territory.
Energy9 years ago
Report: Iran poised to hit new oil reserves
Iran is poised to hit a new oil gusher in an offshore field which the country shares with the UAE in the Persian Gulf, an official says.
Business9 years ago
Shell ditches Arctic drilling in major setback
Royal Dutch Shell has abandoned its controversial offshore drillings off Alaska after finding little oil and gas.
Energy9 years ago
Iran in talks to develop largest oilfield
Iran is in talks with foreign and domestic companies for development of its biggest oilfield which the country shares with Iraq, an official says.
Business9 years ago
‘OPEC not losing influence to US shale’
Oil industry analysts say despite fears about growing influence of US shale oil, OPEC is still the main player in international oil market.
Reports9 years ago
OPEC decides to keep quota unchanged
OPEC members have decided to maintain the organization’s oil production quota while Iran announces plans to increase its output level.
Energy9 years ago
Iran acquires offshore drilling rig know-how
An Iranian oil industry official says the country has acquired technology to build offshore drilling rigs.
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