In the meantime. other foreign companies are welcome to discuss their interest in the gas field.
Read More »Kharg Oil Terminal`s Daily Oil Exports at 2.1m Barrels
Officials place condensate exports between 600.000 and 700.000 barrels a day.
Read More »Iraq Faces Resistance from Asian Buyers on `Ambitious` Oil Price Change
Iraq may change the benchmark but keep timing for lifting oil at a one-month gap.
Read More »Saudis Keen to Compete for Market Share in China. Asia’s Biggest Oil Consumer
Saudi Arabia has moved back up a notch in the race to supply oil to China and compete for market share in Asia’s biggest crude consumer.
Read More »No Consensus among Members of Zagros-Dwelling Caucus Against Proposed Energy Minister
Mr. Zangeneh is a very capable person and a source of pride for the establishment on the world oil stage.
Read More »Iranian Crude Oil Price at $51
The country'.s main export grade. marketed as Iran Heavy. gained 42 cents to reach $49.35 per barrel. matching its 2017 average.
Read More »OPEC to Discuss Ending or Extending Production Cut in November
OPEC will discuss at a meeting in November whether to extend or end production cuts.
Read More »OPEC Oil Price Passes $49 bbl
The price for September futures of West Texas Intermediate (WTI) grew by 0.84 percent and stood at $47.77 per barrel.
Read More »Iraq Plans to Shift Basra Crude Price Benchmark for Asia from January
Iraq has been reforming its oil sector to achieve higher prices and setting up trading and shipping joint ventures.
Read More »Oil Min: Foreign Finance Crux of Oil Industry Development
The average rate of recovery from Iranian oilfields is expected to reach 40% from around 25%.
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