OPEC agreed in June to pump more oil after pressure from U.S. President Donald Trump to curb rising prices.
Read More »Novak Prepares Draft Plan on Taking Account of Oil Fields
Russia has planned to take account of oil fields. develop their yield evaluation and revise the existing incentives for oil fields.
Read More »Iran Sells First 280.000 Barrels of Crude on Exchange
The energy exchange. last used four years ago amid UN sanctions. was revived earlier this month.
Read More »Oil Glut Is a Snapshot in Time
Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.
Read More »Oman will Host Middle East Gas Summit
The two day summit will be attended by many senior level executives and gas experts from the global gas industry.
Read More »Iran Self-Sufficient in Repairing Oil Transmission Equipment
Gas-powered turbines and pumps are the most important and most complicated equipment in oil transmission.
Read More »US Unable to Stop Iran Oil Exports
Iran exported 2.5 million barrels of oil per day in recent months.
Read More »Thamir Ghadhban. Iraq`s New Oil Minister
Ghadhban replace Jabbar al-Luaibi as oil minister.
Read More »Germany Releases Strategic Fuel Reserve to Cope With Record Drought
Record-low water levels in the Rhine have severely disrupted oil shipments across the country.
Read More »Value of Iran Non-Oil Export to Indonesia Rise by 42% in H1
The value of Iran’s import from Indonesia in the same period has been $80 million.
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