Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Ankara has stepped up its efforts to exploit the potentially rich hydrocarbon reserves in the east Mediterranean.
Read More »Turkey Aims to Develop Domestic Technology for Hydrocarbon Exploration
Russia Wants more Time to Mull Output Cuts
Moscow needs more time to assess the situation. stopping short of giving a clear Russian position on the proposal.
Read More »India will Import Oil from Russia for the Year 2020
Indian Oil Corporation Limited has signed a contract with Russia’s Rosneft for importing 2 million metric tonnes of Urals grade crude oil in a bilateral meeting.
Read More »OPEC+ Panel may Agree on Need to Deepen Oil Output Cuts
Oil prices have fallen by more than $11 a barrel this year to $55. alarming producers.
Read More »OPEC Needs to Cut a New Deal and Fast
China is. by far. the biggest market for OPEC+ crude exports. with the big Arabian Gulf producers particularly vulnerable.
Read More »Russia. Saudi Arabia Confirm Readiness to Cooperate in OPEC+ Format
The OPEC+ production reduction pact aimed at stabilizing crude prices is valid until the end of March 2020.
Read More »Russia. Saudi Arabia Confirm Readiness to Cooperate in OPEC+ Format
The OPEC+ production reduction pact aimed at stabilizing crude prices is valid until the end of March 2020.
Read More »OPEC+ Panel Weighs Impact on Oil Demand from Virus
Iraq. OPEC’s second-biggest oil producer. supports any agreement that would stabilize the market.
Read More »Aramco-Like Mammoth IPO Proposed for India’s Biggest Insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.
Read More »World’s First Liquid Hydrogen Fuel Cell Cruise Ship Planned for Norway’s Fjords
Norway’s electricity is mostly generated from clear hydro power and some onshore wind.
Read More »