Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC and allied oil producers should extend their production cuts beyond March to help rebalance the market.
Read More »Russia to Waver on Length of OPEC Output Cuts Extension
Saudi Aramco’s IPO Just Lost World’s Largest Equity Investor
The company has hired JPMorgan Chase &. Co.. Morgan Stanley. HSBC Holdings Plc. Moelis &. Co. and Evercore Inc. to advise on the IPO.
Read More »OPEC to Recruit New Members to Fight Market Imbalance
The cartel is said to be leaning toward a nine-month extension of the cuts to the end of 2018.
Read More »Major Oilfield in Western Iran Spared by Earthquake
With an extraction rate of 16%. Azar is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
Read More »Saudi Aramco to Spend $300bn on Energy Projects
The Saudi government plans to list five per cent of Aramco’s shares in 2018.
Read More »Spokesman Dismisses Bahrain`s Claims against Iran as `Baseless`
An explosion of a pipeline on Friday suspended the supplies of oil from Saudi Arabia to Bahrain.
Read More »OPEC Points to Larger 2018 Oil Supply Deficit as Market Tightens
OPEC and its allies are discussing extending their supply pact for as long as nine months.
Read More »OPEC Head Says Oil Cuts `Only Viable Option` to Stabilize Market
Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.
Read More »ADIPEC 2017 Opens Tomorrow. World Energy Leaders to Meet in Abu Dhabi
For the first time. the exhibition and conference will include the downstream petroleum industry.
Read More »Iran. Iraq to Swap Oil
The export volume is subject to increase and it will be transferred by tankers through Kermanshah. western Iran till the oil pipelines will be completed.
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