Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC and its allies are considering cutting oil output in 2019 as the group is increasingly concerned about the potential for oversupply.
Read More »Libya Sees Exemption from Future OPEC Cuts
NOC Considers Energy Cooperation with Saudis
Libya hopes to obtain an exemption from possible reductions in oil production.
Read More »BP to boost Middle East Presence
BP concluded its purchase of global miner BHP Billiton for $10.5bn earlier this year.
Read More »Iran`s Exports to Africa Rise by 17%
The value of exports to African nations stood at about $752 million last year.
Read More »Phase Two Development of Libya’s Bahr Essalam Gas Field to Finish by End 2018
The field is operated by Mellitah Oil and Gas. a joint venture between the NOC and Eni.
Read More »Egyptian Intel Is Big Gainer From Israeli Gas Deal. Report Says
The Egyptian intelligence service is slated to receive 80 percent of the income from East Gas.
Read More »Europe Eyes on Libya and Nigeria to Keep Oil under $100
After Gaddafi’s ouster. oil was intended to lubricate the reconciliation process.
Read More »Libya Expects Output to Reach Qaddafi-Era Levels
North African country aims to reach a target of 1.6 million barrels a day from 1.25 million barrels currently.
Read More »Libya’s NOC to Close Refinery if Security Violations Continue
Libya is currently producing 1 million bpd of oil on average and plans to increase output.
Read More »Finland Grants Funding for Wind Power Projects in Developing Countries
The new cooperation agreement is an extension of the original 114 million euros climate fund that Finland established in collaboration with the IFC last year.
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