Supply and demand now ``show us we are on the right course`` to achieving OPEC’s goal of reducing stockpiles to their five-year average
Read More »Iran Decreases Oil. Gas Dependence in 4 Years
Sanctions promoted corruption in Iran in oil and gas business in order to circumvent sanctions.
Read More »Goldman Sachs Warns of Oil Below $40 Without OPEC `Shock and Awe`
OPEC must increase output cuts aimed at shrinking a global glut with little public announcement in order to jolt investors.
Read More »Iran Open to Work with US Companies
The BP head said that the company would spend $15 billion in projects this year. and in 2018 and 2019.
Read More »Erdogan Warns Oil Companies Over Projects with Greek Cypriots
Total TOTF.PA won an offshore exploration license from Cyprus for drilling this year.
Read More »IEA: Global Energy Investment Falls by 12%
After two years of unprecedented decline. IEA expects global upstream oil and gas investment to stabilize in 2017.
Read More »Tillerson Gets an Oil Industry Award. Says He Misses His Former Colleagues
The former ExxonMobil chief expressed his gratitude and said he misses the oil industry.
Read More »Albayrak: Turkey A Reliable Partner for Energy Projects
TANAP is scheduled to begin carrying 16 billion cubic meters (bcm) of gas annually in 2018 or 2019 from Azerbaijan.
Read More »Iran Fully Backs Nuclear Weapon Ban Treaty
Iran’s suggestion on making a free-nuclear-weapon zone in the Middle East is one of the brazen efforts of Iran in eliminating the threat posed by these weapons in the region.
Read More »Total Deal Opens New Chapter in Iran Energy Diplomacy
Iran’s annual petrochemical production capacity stands at 62 million tons and by the end of this year.
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