World’s 1st Fully Solar-Powered Train
madaresharghi An Australian rail company has restored a disused train to be 100% powered by solar energy- a world first for the transportation sector. The Byron Bay Railroad Company has ...
British Energy Company Eyes Iranian Oil Market
madaresharghi London-based Serica Energy that recently acquired a stake in Rhum Gas Field, co-owned by Iran, is willing to invest in Iran's lucrative oil market upon the completion of the ...
Eni, Shell Facing Trial Over Nigeria Bribery Scandal
madaresharghi Eni SpA and Royal Dutch Shell Plc and senior executives will face trial over a $1.1 billion bribery scandal in Nigeria, an Italian judge ruled on Wednesday. "The trial ...
French Tycoon: Global Warming Will Spur Nuclear Comeback
madaresharghi French tycoon Dominique Louis is doubling down on atomic power, betting that global warming will foster a nuclear renaissance. Three months ago, his nuclear engineering group Assystem SA sold ...
Gazprom Neft Presents Iran Oilfield Proposals
madaresharghi Gazprom Neft, the oil division of Russian gas major Gazprom, presented its development plan for Iran's Azar and Changuleh oilfields on Monday. The presentation took place in a meeting ...
South Pars Phase 11 Subcontracts to Be Awarded by March
madaresharghi Iran's milestone gas deal with French energy giant Total is expected to take a leap forward by March next year, as Tehran is speeding up efforts to award the ...
Italian Company Signs $40m Deal with Iran's Ardabil Petrochemical Co
madaresharghi Italy's Techint Engineering and Construction signed an agreement with Ardabil Petrochemical Company to provide the technical know-how for the construction of a 500,000-ton petrochemical unit in northwest Iran, the ...
Brent Rises Toward $64
madaresharghi Oil edged up towards $64 a barrel on Tuesday, supported by the Forties pipeline outage in the North Sea, OPEC-led supply cuts and expectations that US crude inventories fell ...
Shell Sued Over Platform Fire
madaresharghi Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly suffered during a Nov. 8 ...
Iraq Employs Drones to Monitor Crude Pipelines
madaresharghi The Iraqi government announced plans to use drones to monitor and protect its export and production pipelines in the first quarter of next year. Reuters reported on Monday that ...