Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The U.S. Energy Information Administration estimates that domestic crude oil production will reach record levels in 2018 and 2019.
Read More »Exploration for Oil. Gas Driving Demand for Silica Sand
Syria’s Second-Largest Oil Field Is Operational Again
The U.S-led coalition fighting Islamic State killed the leader of the militants responsible for its oil and gas smuggling operations.
Read More »Total CEO Cautious about Post-2019 Oil Prices
The projects would pave the way for greater U.S. oil and gas exports.
Read More »Venezuela Takes Desperate Measures to Support Economy
Venezuela is coping with one of the worst economic disasters in the world.
Read More »Basra Governor Wants Oil Firms to Build Water Plants
Every major oil company that is working in the province has to set up a desalination and sterilisation treatment plant if it wishes to continue working.
Read More »Russia`s Sakhalin LNG Outage Lifts Asian Spot Prices
Sakhalin Energy is a joint venture between Gazprom (50%). Shell (27.5%) and Japanese trading houses Mitsui (12.5%) and Mitsubishi (10%).
Read More »China Continues Exploration Oil Resources in East China Sea
China’s and Japan’s Economic Exclusive Zones (EEZ) in the area overlap and about 40.000 square kilometers of ocean territory is in dispute.
Read More »Kuwait will Reach Agreement on Shared Oil Field Development with Iraq
Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.
Read More »US Sanctions on Iran. Trade Disputes Brings Political Risk to Oil Markets
The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.
Read More »Iraq`s Southern Oil Exports Head for Record High in August
Southern Iraqi exports in the first 19 days of August averaged 3.7 million barrels per day.
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