Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.
Read More »Saudi Arabia’s Oil Exports Dropped 11% in 2019
Iran-Made Fath 72 Drilling Rig Unveiled
Fath 72 Drilling Rig. built by Academic Center for Education. Culture and Research (ACECR). has been unveiled in a ceremony attended.
Read More »Iran Starts Mass Production of Drilling Bit
The Iranian-made toothed drilling bit has entered mass production phase.
Read More »Unveiling of the Faith 72 Tower
Iraq Increases Security Around Basra Oil Fields. Facilities
Iraqi protestors have often blocked roads to oil fields and facilities in Iraq since October last year.
Read More »Petropars Awarded Project to Develop Forouzan Oilfield
The CEO of the Petropars Group said his company had won a tender to develop a production maintenance and enhancement project in Forouzan Oilfield.
Read More »Iran Eyes 1 mln bpd of Oil Output in Fields Shared with Iraq
Iran has kept developing its sprawling oil and gas fields despite facing a harsh regime of American sanctions.
Read More »NIOC to Sell 6 mb of Crude Oil. Gas Condensate at IRENEX
The National Iranian Oil Company (NIOC) has planned to sell 6 million barrels of heavy and light crude oil and gas condensate at the international floor of the Iran Energy Exchange (IRENEX).
Read More »Oil Climbs Near Two-Week High on Easing Coronavirus Concerns
Oil rose for a third session. the longest winning streak since early January. after the World Heath Organization rekindled optimism that the coronavirus outbreak could be abating.
Read More »OPEC Says Coronavirus to Trim 2020 Oil Demand
OPEC and its partners have been limiting supply since 2017.
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