In July. Iran managed to ship over 2.2 million barrels of crude oil to Asian and European markets.
Read More »Iraq-Iran Deal Over Kirkuk Oil Unconstitutional: Kurdish Official
A Kurdish MP in the Iraqi Parliament told Kurdistan 24 that efforts have been made by the Kurdish representatives in Baghdad to summon the Oil Minister to Parliament over the oil deal with Iran.
Read More »Aramco Increase Prices of Light Oil to Asia
The move is a sign that the market in the region is tightening.
Read More »Iran Oil Price Near $47
OPEC hopes the market rebalancing will accelerate in the second half of this year.
Read More »Six-Fold Rise in EU Oil Imports from Iran
Italy purchased 2.8 million tons in the four-month period. accounting for nearly 30% of all imports.
Read More »Iran and Iraq Reach Agreement for Pipeline
Kirkuk will take part in the referendum this fall. deciding whether they want to remain with Iraq or join Kurdistan’s bid for independence.
Read More »Oil Traders Await U.S. Reaction to Venezuelan Vote
The U.S. buys about a third of Venezuela’s crude production and is the main buyer that pays in cash.
Read More »NIOC Signs MoUs for Developing Azadegan Field
The Azar field is a joint and complex field which is currently producing 30.000 barrels of oil per day. It is set to be expanded through new oil deals by an Iranian company.
Read More »OPEC. Non-OPEC Nations to Meet on Compliance with Oil Targets
Iraq. the second-biggest producer in OPEC. will also attend the meeting. the people said.
Read More »NIDC Drilled about 54 Oil. Gas Wells in 4 Months
The company has performed more than 96.000 meters of drilling operations during the four-month period.
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