Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Norwegian firms are expanding their foothold in Iran'.s lucrative and untapped energy market gradually.
Read More »Rise in Iran`s Caspian Oil Reserves
Iraq’s Oil Exports Rose in March
The Iraqi oil exports reached in last February about 95.940.000 barrels.
Read More »Iran Says no Need to Extend OPEC. Non-OPEC Pact If Crude Oil Prices Rise
The pact runs until the end of 2018.
Read More »Oil Min: Iran Accelerates Gas Export to Pakistan
The minister placed special emphasis on accelerating the development of Mokran Costal Area.
Read More »Oil Market in the Process of Being Balanced
OPEC and non-OPEC producers are restraining production by a total 1.8 million barrels per day to prop up prices under a deal that is to expire at the end of 2018.
Read More »Libya Oil Output Drops after Attack on Pipeline
The OPEC country'.s output has recovered in the last year to nearly 1 million b d.
Read More »India`s Oil Import from Iran Reduced
India’s oil imports from Iran during the 2017-18 fiscal year fell by 15.7% from a year ago.
Read More »Libya Fuel Smuggling Costing $750 Million a Year
Libya. holder of Africa’s largest crude reserves and an OPEC member. is already reeling from political divisions.
Read More »Libya`s Big Challenge. Fuel Smuggling
Between 30 and 40 percent of fuel refined in Libya or imported into the country is stolen or smuggled.
Read More »Russia. Iran can Extend Oil Supplies Agreement for 5 Years
In May 2017. Iran and Russia reached an agreement to begin oil supplies under the oil-for-goods program established back in 2014.
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