Benchmark crude oil prices declined on markets in New York and London on Mar. 8 following comments that officials from the US and China have yet to schedule a summit to resolve their trade dispute (OGJ Online, Mar. 8, 2019). Terry Branstad, US envoy to Beijing, said negotiators continue trying to work out differences, including details on enforcement of any ...

The CEO of the National Iranian South Oil Company (NISOC) announced completion of the second sulfur removal tower to be installed at Maroon Oil and Gas Production Company. According to NISOC, the structure was fully designed, engineered and constructed in Iran, and is to be installed at the Industrial Complex No. 3 of Maroon Oil & Gas Production Company. Ahmed ...

Energy Startup Ecosystem   Startups are a true symbol of innovation and creativity in businesses and industries and it seems core of new paradigms in the world move towards them. In 2014, energy startups raised 10.8 million euros in venture capital, and in 2017 that amount rose to 113 million euros. The number of investment  rounds has also risen explosively ...

The importance of asset management is obvious in the current economic situations for different countries. All industries, all the verticals need to pay attention as much as they can to the new methods of such an important issue in a way to not only lower their costs, but also increase their productivity and increase the useful life of their assets. ...

The technology centre is the latest investment in Emerson’s efforts to guide customers on their path to digital transformation and train the workforce of the future. A leading automation technology and engineering company, Emerson’s new centre expands its long time Permian Basin presence to meet the growing demand for digital technologies to optimize production efficiencies and support producers facing labour ...

A Revolution Named Industry 4.0 4th industrial revolution, digital transformation, Industry 4.0, these are the keywords we are hearing too much nowadays. The paradigms, the way of doing works, the methods and processes are changing day to day in a way to optimize the operation, and increasing productivity, lowering costs and increasing efficiency. Also another thing that we hear very ...

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The 6th Iran Drilling Congress and Exhibition was held in IRIB Int’l Conference Center The 6th Iran Drilling Congress and the third Iran Exploration and Production Congress and Exhibition and was held in February 23 & 24, in IRIB Int’l Conference Center, in Tehran, Iran, with the participation of more than 1,200 managers, experts and decision makers, from Iranian oil ...

The 6th Iran Drilling Congress & Exhibition and The 3rd Iran E&P Congress & Exhibition with the participation of 1,200 key stakeholders in the public and private sectors with the help of graduates of the oil industry and specialized oil industry magazines began Saturday, March 4th.