The agreement was signed in Ahvaz by Tony Bowman. Schlumberger'.s president for production management.
Read More »Min: Oil Output at 3.9 mbpd
Iranian crude exports are now on the rise.
Read More »Iran Export More Oil in February
Iran is set to export some 2.16 million bpd. Post-sanction exports reached a high of almost 2.6 million barrels last September.
Read More »Malaysia Plans to Open Palm Oil Office in Iran
Malaysia exports about RM1 billion of palm oil to Iran.
Read More »Azerbaijani Oil Prices for Jan. 23-27
The highest price for Brent was $55.89 per barrel and the lowest price was $54.83 during the reporting period.
Read More »Iran’s Oil Ministry Urged to Exploit Shale Oil Resources
A large volume of high quality oil can be extracted from the shale.
Read More »Russia Makes A Move On Asian Oil Markets As OPEC Cuts
Russian oil producers achieved a major milestone in 2016.
Read More »Europe to Receive Iran’s Biggest Oil Import in 5 Years
The highest amount of Iranian crude in almost five years will be exported to Europe this month.
Read More »Kuwait Spends $115B in Energy over Five Years. Sees Oil Market Balance This Year
Oil will trade at $55 to $60 a barrel this year and Kuwait is assuming a $45 price in its budget for fiscal year 2017-18.
Read More »Iran Oil Output. Shipments Up
Iran agreed in November to cap its oil output at an average of 3.797 million barrels for the first half of 2017.
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