The evacuation has not affected production at the oilfield.
Read More »Iraq has Alternative Plans for Any Stoppage of Iran Gas Imports
Iraq plans to build a refinery with a capacity of 150.000 bpd near the northern city of Mosul.
Read More »US Targets Shippers for Bringing Venezuela Oil to Cuba
The United States last Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally Cuba.
Read More »Putin Prepares to Withdraw Support for Maduro
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
Read More »OPEC to Gather in Jeddah amid Regional Tensions and Price Volatility
Saudi Arabia and the UAE had pledged to raise output to offset any outages in the market.
Read More »U.S. Shale Output to Hit New Record of 8.49 Million bpd in June
The EIA projected gas output would increase in most of the big shale basins in June.
Read More »China’s Iran Oil Imports Grow to Eight-Month High
China is Iran’s biggest oil client.
Read More »Europe Believes Necessary to have a Nuclear Deal with Iran and to Implement It
Europe presumed that Iran would not gradually discontinue its commitments under the Joint Comprehensive Plan of Action (JCPOA).
Read More »Uncertainty in Oil Markets amid Plenty Supplies
Uncertainty is expected in oil markets in the next three months due to ample supplies as well as Iran’s ability to continue to export despite sanctions by the US administration.
Read More »Mediterranean Gas and Turkey-EU Ties
Turkey wants to diversify its energy sources.
Read More »
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