The field'.s current output. which stands at 80.000 bpd. will increase by 20.000 bpd as soon as the 13 newly-drilled wells go on stream.
Read More »Baghdad Targets 1 Million bpd Output for Kirkuk Oilfields
According to results announced by the KRG. nearly 93 percent of registered voters cast ballots in favor of independence.
Read More »Some Traders See $80 Crude before Christmas
A total of 48.000 contracts have traded over the last few days that would profit most if Brent spikes before Christmas.
Read More »OPEC Reaffirms Iran`s Pledge to Supply Cuts
Iran'.s own data submitted to OPEC pointed to bigger cuts.
Read More »BP CEO: Venezuela Is Main Geopolitical Concern for the Oil Industry. not the Middle East
The Venezuelan economy has been in recession for four years. where food shortages. the lack of U.S. dollars and the depreciation of its own currency. has sent inflation soaring.
Read More »Oil Markets Cautious on Middle East Tensions. Increased U.S. Drilling
U.S. oil producers have raised output C-OUT-T-EIA by more than 14 percent since mid-2016 to a record 9.62 million barrels per day.
Read More »Oil and Gas Exploration Sector in Danger
The policy dialogue titled ``Status of Petroleum E&.P in Pakistan: A Deliberation on Future Strategy"..
Read More »Iran’s Light Crude Oil Price Exceeds $60 Per Barrel
Dubai and Oman crude oil prices are respectively $58.77 and $58.70 per barrel. indicating an upswing of $2.51 and $2.56.
Read More »Saudi Suspends Oil Supply to Bahrain after Oil Pipe Explosion
An oil pipe exploded in Buri village in Bahrain on Friday night.
Read More »Oil Falls as Geopolitical Concerns Ease
Crude benchmarks end the week higher for the fifth straight week despite Friday’s pullback.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel