Demand for key Russian oil grades sold in Asia has been strong in the past month.
Read More »U.S. Fails to Halt Iran`s Oil Industry Development
Oil and gas exploration continues across Iran. and the country'.s oil and gas reserves have been developed.
Read More »Arvandan Oil CO. Awarded Project to Develop South Azadegan
Development of South Azadegan joint oilfield has been fully awarded to Arvandan Oil and Gas Company.
Read More »Russia Reduces Crude Output within OPEC+ Deal
Russia and OPEC+ nations agreed to extend crude output reduction starting July.
Read More »Meeting of The Supreme Council of Land Preparation
Domestic Firms Play Major Role in W Karoon Oilfields Exploration
The projects include drilling. pipeline construction and building oil terminals as well as launching oil facilities.
Read More »Oil Short-Selling More Than Doubles Despite Mideast Risks
Oil short-selling has more than doubled in three weeks. with attacks on oil facilities and tankers unable to push prices higher for very long.
Read More »Geopolitical Risks Drive Unprecedented Hike in Oil Tanker Rates
Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years.
Read More »Indonesia Mulls Production of 1 mln Barrels of Oil Per Day in 2030
Indonesia'.s oil and gas production reached a record 1.6 million barrels per day in the mid-1990s.
Read More »Iranian Firms Ready to Step in Exploration Projects
The Oil Industries Engineering and Construction and Negin Afagh Kish Energy Development Company have expressed their readiness to step in sophisticated exploration projects in Iran.
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