OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.
Read More »Russia Boosts Urals Oil Flow to India as OPEC Cuts Production
India'.s main crude suppliers. Saudi Arabia and Iraq. cut exports to India this year due to production curbs.
Read More »French Co. Positive About Prospects in Iran
Iran has unique potential for turning into a major player in global oil and gas markets.
Read More »Iran Welcomes Outcome of French Presidential Poll
Macron is now the French President-elect winning 66% of the vote and defeating his rival Marine Le Pen.
Read More »Gazprom Export to Add Major New Gas Reserves. Eyes More Auctions
Gazprom exports met around 34 percent of European gas demand in 2016. a record high.
Read More »Iran Resumes Export of Electricity to Iraq
Export of Iran'.s electricity to Iraq is about 1500 megawatts.
Read More »MAPNA will Study Ab Teymour. Mansoori Oil Fields
MAPNA is now busy implementing diversified energy projects in Algeria. Iraq. Oman and Indonesia.
Read More »Arctic Ocean Methane Seeps Cool Water. Help Reduce Global Warming
Methane is a greenhouse gas that traps 30 times as much heat in the atmosphere as CO2.
Read More »OIEC will Start Feasibility Study for Development of Sepehr Field
Oil extraction from Azar joint field will reach 30.000 bpd in coming days.
Read More »World’s Second Largest Offshore Wind Farm Opens in Dutch North Sea
The project was financed by 25 banks from Asia. Australia. Europe. and North America.
Read More »