Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.
Read More »Iraq Plans Power Revamp to Head off Sanctions
China`s Oil Imports from Russia Hit Record
Over the past year. Russia has consolidated its position of China’s biggest oil supplier ahead of number-two Saudi Arabia.
Read More »Turkey Starts Shallow Water Drilling in Mediterranean Sea
Turkey would continue its drilling activities for the exploration of natural gas and oil sources in the region.
Read More »The Troika of Oil Market Decision Making
The output from the troika is the fastest-growing element in global oil supplies.
Read More »Trump Asked Iraqi Prime Minister for Oil as Repayment for Iraq War
The US president first brought the subject up in a meeting with Iraq’s then-leader Haider al-Abadi in March last year.
Read More »Aramco Eyes Bigger Market Share in Asia despite Output Limitation
Aramco said last week it would sign five crude oil supply agreements with Chinese customers.
Read More »Saudi Aramco to Invest $500 bln for Expansion Strategy
The spending would be in addition to the oil giant'.s proposed purchase of a majority stake in SABIC.
Read More »Saudis Considering OPEC Production Cuts
Oil price hit their low for the year Friday as U.S. production continued to grow.
Read More »East Med Pipeline Deal to be Reached Very Soon
Cyprus. Italy. Greece and Israel agreed last year to back the construction of a gas pipeline from newly discovered fields in the eastern Mediterranean to Europe.
Read More »GE and Two Banks to Fund Iraq`s Power Sector
The financing will help deliver and secure more than two gigawatts of new power.
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