Pressured for Profit, Drillers Bet Big on Shale Technology
madaresharghi For the last decade, smaller oil companies have led the way in shale technology, slashing costs by as much as half with breakthroughs such as horizontal drilling and hydraulic ...
Tough OPEC Meeting Looms Amid Specter of Oil Deficit
madaresharghi OPEC is heading for tougher-than-expected policy talks this week amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a ...
Statoil Plans New Arctic Drilling After Dismal 2017
madaresharghi Norway’s Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing, the company’s head of exploration told ...
Kharg Terminal's Western Dock Set for Rehabilitation
madaresharghi Plans are in place to rehabilitate Kharg Oil Terminal in the Persian Gulf, Iran's biggest crude oil loading and export facility, managing director of Iranian Oil Terminals Company said. ...
Int’l Company to Help Upgrade Kermanshah Petrochem Complex
madaresharghi The much-needed technical know-how and licenses for the development of the second phase of Kermanshah Petrochemical Industries Company will be provided by the international firm KBR, formerly a subsidiary ...
North Korea building up formidable military to avoid fate of Libya, Iraq: Writer
madaresharghi North Korea is building up a formidable military in order to avoid the fate of Libya and Iraq, an American writer and retired professor says. James Petras, who has ...
Iraq’s ex-Kirkuk Iraq’s flees to US with millions of petrodollars: Report
madaresharghi The former governor of Iraq’s northern oil-rich province of Kirkuk and a staunch supporter of the Kurdish independence referendum has reportedly fled to the United States with millions of ...
Russia censures OPCW for 'politically-biased' probe into Syria chemical attack
madaresharghi Russia has slammed the Organization for the Prohibition of Chemical Weapons (OPCW) for its biased probe into an April incident in Syria where civilians died of the use of ...
Syrian government agrees to ceasefire in Eastern Ghouta: UN envoy
madaresharghi The Syrian government has agreed to a ceasefire in the militant-held Eastern Ghouta region following days of heavy conflict, UN Special Envoy for Syria Staffan de Mistura says. "Russia ...
Israeli chess players seek to travel to Saudi Arabia for tournament
madaresharghi Seven Israeli chess players have applied for visas to participate in a tournament in Saudi Arabia amid reports of Tel-Aviv-Riyadh efforts to normalize ties. The visa requests by the ...