Oil major BP has agreed with Azerbaijan to extend a contract to develop the country's biggest fields by a quarter of a century to 2050 in a move to unlock billions of dollars of fresh investments in the Caspian Sea deposits.
News ID: 737 Publish Date : 2016/12/25
OPEC’s deal to cut production and boost prices gives oil companies the opportunity to shake off two years of layoffs and slumping profits to start investing again—if they still have the risk appetite.
News ID: 726 Publish Date : 2016/12/20
All foreign companies interested in Iran’s oil and gas projects must participate in tenders, Oil Minister Bijan Namdar Zanganeh said, signaling that Tehran will uphold a level-playing field in the race for its lucrative energy market.
News ID: 725 Publish Date : 2016/12/20
Argus has arranged for a 2-day conference in Tehran on base oils and lubricants.
News ID: 300 Publish Date : 2016/05/03
Strategic Partnership between SMS group and Houghton International
In December 2015, SMS group and Houghton International Inc., with head office in Pennsylvania, U.S.A., agreed their partnership for the development and marketing of oil-based cooling lubricants and emulsions for cold rolling mills. Both suppliers have joined forces in this partnership with a view to providing their joint customers with the added value obtained from a harmonized symbiosis of plant and fluid technology.
News ID: 221 Publish Date : 2016/01/30
Continuous process chain provides value added
At its pipe works in Volgorechensk in the Kostroma region, Gazpromtrubinvest has successfully commissioned a 16″ high-frequency pipe welding line supplied by SMS group. The new line has been designed for an annual capacity of up to 300,000 tons.
News ID: 220 Publish Date : 2016/01/30
Over reliance on Iran's oil sector have hurt mining, says Mehdi Karbasian, managing director of IMIDRO.
News ID: 24 Publish Date : 2015/10/05
