Iran’s new oil phases
President Mohammad Khatami has inaugurated Phases 2 and 3 of Iran's oil projects which he described as among the "biggest projects of Iran's oil and gas industry".
Shell mulls investing in Iran
Shell is considering several investment possibilities in Iran.
Gulf pipeline contract
CSE-Servelec, based in Sheffield, UK, has won a contract to monitor and control a gas pipeline in the Gulf.
Alstom gas turbines in Algeria
Alstom has won a second order, valued at around EUR 40 million, to supply gas turbines for phase 2 of a pipeline project in Algeria.
BP strategic partnership in Russia
BP and the Alfa Group and Access-Renova (AAR) have agreed to combine their interests in Russia to create the country's third biggest oil and gas business, in which they will each have a 50% stake.