Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) f...

TEHRAN (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh blamed President Donald Trump for the current tumultuous oil market, saying, “Thr...

TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) has planned to supply a million barrels of crude oil on the domestic stock market by October...

TEHRAN (Shana) -- Iran’s Jam Petrochemical Plant has started commercial production of 13 strategic olefin and polyethylene grades. The p...

Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion...

Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017. The well confirms a volume p...

Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the...

The crude oil production from the newly acquired 25 % interest in the Roncador oil field in Brazil will be lifted and transported by shuttle tankers. ...

The Arkona offshore wind farm in the German part of the Baltic Sea has supplied the first electricity into the German electricity grid. The 385 MW ...

TEHRAN (Shana) -- Iranian Central Oil Fields Company (ICOFC) has completed 80 percent of its gas injection plans to Sarajeh Field in Qom, ICOFC CEO sa...

TEHRAN (Shana) -- The production of polymer products has grown 10 times since 2002, the first year IranPlast International Exhibition was held in the ...

Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norgemobile rig. Dr...