Latest news

New natural gas field discovered in Iran

Iranian officials announced today the discovery of a new natural gas field, near the Kish Island, with a total capacity of over 700 billion cubic meters.

read more... 06/07/2010


Royal Dutch acquires new gas assets in Northern America

Royal Dutch is acquiring new shale gas fields in US, paying $4.7 billion dollars in cash for the private gas company East Resources Inc

read more... 28/05/2010


The Joint Venture between WEIR and Mitsubishi

The British engineering group WEIR announced about a new joint venture created together with the Japanese motor giant Mitsubishi in the field of pump production and installation.

read more... 27/05/2010


Total and ERG merger is approved by EU

French most important oil company Total and its Italian counterpart ERG Petroleum, had received UE’s permission for their merger in refining and marketing fields, which will take place in Italy.

read more... 24/05/2010