Iran has the potential to continue producing oil for at least a century.
Read More »Why Using Export Quotas in OPEC Risky?
Earlier. Barkindo said that in addition to production. it would be enriching also to look at other parameters such as export.
Read More »Saudis Mull Delaying Intl Aramco IPO Until 2019
Saudi Arabia has been making contingency plans for a possible delay of the IPO. expected to be the largest in history.
Read More »New Iran Sanctions Could Send Oil Prices Higher
U.S. sanctions could cut off a lot of Iranian oil trade finance.
Read More »Indonesia`s Drive to Reduce Oil Imports a Boon for Producers
With oil demand at about 1.2 million bpd and production at about 800.000 bpd. investors in Indonesia’s oil and gas sector will have a big supply gap to fill.
Read More »Iran`s Azadegan Oilfield Tender Delayed Until 2018
Tehran is looking to increase its crude output. and with 37 billion barrels of oil. the Azadegan field is Iran’s largest. shared with neighboring Iraq.
Read More »Rising OPEC Production Weighs On Oil Prices
Under the production agreement. OPEC committed to 32.5 million bpd.
Read More »$5 Billion in Oil. Gas Recovery Projects Planned for 2 Years in Iran
Tehran has signed a raft of agreements with the likes of Eni. Shell. Schlumberger. Lukoil. Wintershall and OMV to study and potentially develop its massive oil and gas deposits.
Read More »China Will `Compel` Saudi Arabia to Trade Oil in Yuan
In recent years. several nations opposed to the dollar being the world'.s reserve currency have progressively sought to try and abandon it.
Read More »Iraq and Iran Boost Oil Exports in Sales Battle with Saudis
OPEC is to meet in November to discuss a possible extension of the deal beyond March.
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