Underwater robots for subsea infrastructure repair and inspectionApril 20, 2016 // 0 CommentsNorwegian multinational oil and gas company Statoil and technology enterprise Kongsberg Maritime have signed an agreement [...]
Oil prices drop after major producers fail to coordinate output dealApril 18, 2016 // 2 CommentsAfter a meeting by major OPEC and non-OPEC oil producers fell apart in Qatar on April 17, oil prices plummeted 5% early on [...]
Oil spill chemical dispersant found to severely harm moon jellyfishApril 18, 2016 // 1 CommentA study by the Florida International University’s Southeast Environmental Research Center proves that the chemical used as [...]
Value still present for oil and gas in Norway, according to regulatorApril 15, 2016 // 1 CommentThe Norwegian Petroleum Directorate remains positive regarding the value of Norway’s oil and gas industry. They say there [...]
Digital technologies, drones offers oil companies millions of dollars worth in savingsApril 15, 2016 // 2 Comments“Intelligent pipelines” able to collect data for predictive analysis, unmanned underwater vehicles checking well [...]
India’s March oil demand upsurges to a record-high 4.33 million barrels per dayApril 15, 2016 // 3 CommentsIndia’s oil demand escalated to a record high of 17.10 million metric tons (4.33 million barrels per day) in March as [...]
Iran’s Asia Oil Exports Increase by 25% After JCPOA ImplementationApril 11, 2016 // 3 CommentsAfter the implementation of the Joint Comprehensive Plan of Action, Iran’s oil exports to different Asian countries went [...]
India, Iran to Complete Farzad-B Gas Field Deal Before End of 2016April 11, 2016 // 4 CommentsIran and India are expected to finalize their deal on the development of the Farzad-B gas field before the year ends. During [...]
End of sanctions in Iran; petrochemicals industry on the way upApril 4, 2016 // 2 CommentsIn January 2016, the United Nations and the European Union abolished numerous sanctions against the Iran. A country with [...]
BP, Kuwait Petroleum sign agreementMarch 31, 2016 // 3 CommentsBP and Kuwait Petroleum Corporation (KPC) have signed a framework agreement to explore possible joint opportunities for [...]