Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Rosneft continues to consider China a key market.
Read More »Rosneft Considers China Still a Key Market after End of CEFC Deal
Iraq Signs BP Deal for Kirkuk Oilfield Development
Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
Read More »IMF: Middle East Oil Importers to Beat Exporters in Growth Recovery
The good news of this recovery this year is that the outlook is positive for both oil-importing countries and oil-exporting countries.
Read More »Saudi Arabia`s economic Renovation is still Dependent on Oil Prices
Middle Eastern oil exporters had to constrain government spending in recent years after crude prices slid in 2014.
Read More »Sinopec Plans to Cut Saudi Crude Oil Volumes for Second Month in June
Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.
Read More »Bahrain Leads GCC with Non-Oil Growth of 5pc in 2017
Growth in Bahrain is being driven by a variety of strongly performing industries.
Read More »Kuwait Oil Minister Says OPEC not Discussing Prices
OPEC focus on market stability and managing surpluses that have a big impact on inventories in global markets.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Turkish. Azeri Firms to Jointly Run TANAP
BOTAŞ and SOCAR will own 50 percent of the company each and are not considering a third partner as yet.
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