Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The emergency stockpile is stored in huge underground salt caverns along the U.S. Gulf Coast.
Read More »Saudi Supply Disruption Puts U.S. Oil Reserve in Play
The Concept of Peak Oil has Shifted
Long-term oil demand is expected to rise to almost 112 mb d by 2040.
Read More »2mb of Light Crude at IRENEX on Tuesday
The National Iranian Oil Company will offer light crude at the next round of the international ring of Iran Energy Exchange on September 17.
Read More »EU’s $15bn Credit Line Has Nothing Do to with Sanctions Relief
Iranian oil minister Bijan Zanganeh said Sat. the France-proposed $15 billion credit line for Iran has nothing to do with the easing of US sanctions on the country.
Read More »Sanctions Failed to Stop Iran’s Oil Industry
Iranian Oil Minister Bijan Zanganeh said that US sanctions have failed to stop Iran’s oil industry.
Read More »Iran Signs $440 Million Deal with Local Firm to Develop Gulf Gas Field
Belal. a field shared with Qatar. straddles the maritime boundary between Iran and Qatar in the Gulf.
Read More »Not Even Saudi Arabia Can Stop Oil’s New Slump
OPEC’s own researchers forecast a demand slump ahead.
Read More »Fire Breaks Out on Tanker at Sture Oil Terminal in Norway
The caption of the ship reported all the 23 people aboard have been accounted for.
Read More »Oil Rises as US. China Swap Concessions in Trade War
At 416.1 million barrels. U.S. crude oil inventories were at their lowest since October 2018.
Read More »BP Hit with £400k Fine After Oil Spill in Shetland
Around 3.8 tonnes of extremely flammable. unstabilised crude oil spilled on to the ground at Sullom Voe Terminal in December 2012.
Read More »