Oil from Eastern Russian field is very competitive.
Read More »UAE. Iran`s Rival may be Cracking Down on Trade
The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.
Read More »Saudi Arabia. Russia Violated OPEC Deal on Output Cuts
U.S. sanctions on Iran’s petroleum sector are set to take effect next month.
Read More »Putin will Meet Shell CEO in Moscow
Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia’s Pacific coast.
Read More »About 30 Energy Ministers to Take Part in Russian Energy Week in Moscow
The ministers will be able to discuss state policy in the energy sector during a special ministerial conference organized as part of the Russian Energy Week.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
Read More »Saudi Arabia Desires to Invest in Alternative Energy. Oil Refining Sector in Pakistan
The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.
Read More »Iran will Keep Its Oil Quota In Global Markets
Iran has started to offer cargo insurance and tankers operated by Iranian companies in a bid to continue to sell its oil to the major buyers.
Read More »Iran will Build Crude Oil Storage Facility at Gulf of Oman Port
Omid Investment Management Group Co. also signed the deal. under which construction should be completed within three years.
Read More »Iran Has Full Access to Oil Revenues
Iran has no plan to cut production. and is seriously working on production. and even delayed the repairs.
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