Under the sanctions Iran’s oil production was 2.7 million barrels per day. with one million barrels heading for export markets.
Read More »Iran`s Azadegan Oilfield Tender Delayed by Months
Iran'.s oil minister said in May that the international tender for the Azadegan oilfield was underway.
Read More »Oil Min: OPEC Considering Deeper Output Cuts
The reason for the discussion is an increase in the levels of U.S production which OPEC members had not predicted.
Read More »North Sea Oil Firms `Eye Growth Despite Brexit Fears`
Almost 60% of businesses expect to expand this year. Bank of Scotland report finds.
Read More »Oil Prices Pauses After Sharp Falls
Saudi Arabia'.s crude exports in April fell to 7.006 million bpd. official data showed on Monday.
Read More »Iran. Eni Ink MoU on Kish. Darkhovein Fields
The firms include Shell. France'.s Total. Italy'.s Eni. Malaysia'.s Petronas and Russia'.s Gazprom and Lukoil. as well as companies from China. Austria. Japan and other countries.
Read More »Saudi Arabia Overtakes US in Recoverable Oil Rankings
Oil demand will also remain surprisingly robust over the next decade.
Read More »Indonesia Interested in Expanding Oil Trade
Iran and Indonesia intend to augment bilateral trade to $2 billion in 2017.
Read More »Iraq Agreed with Egypt on Establishing Joint Oil Companies
Iraq enjoys an excellent geographic location that overlooks each of Iran. Turkey and the Arab world from the other side.
Read More »Oil Market Fundamentals Heading in Right Direction
OPEC members Libya and Nigeria were exempted from the supply cuts because unrest had curbed their output.
Read More »