Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Petrobras is the world’s most indebted oil producer and has been forced to sell assets and slash spending.
Read More »Brazil`s Petrobras. China Development Bank Sign Cooperation Deal
Iran`s Crude Export to Asia Increased in July
Iran is aiming to raise oil output to around 4 million bpd by the end of the year from around 3.8 million bpd in recent months.
Read More »Construction of 100 Km of Offshore Pipeline Completed for South Pars
Iran reportedly delivers 30 mcm d of gas to Turkey in the northwest and 5 mcm d in the west.
Read More »Petronas. Aramco Keen on $1.8 Billion Daewoo E&C Controlling Stake
In July. Petronas scrapped a proposed C$36 billion ($29 billion) liquefied natural gas project in western Canada due to weak prices. in a blow to its global ambition.
Read More »Iraq Surpasses Its Plan to Reduce Oil Output Under Production Cut Deal
Iraq thus has fulfilled its obligations to reduce production by more than 100%.
Read More »Chinese CNOOC Received the 1st-Ever Oil Cargo from Saudi Aramco
The vessel’s arrival at the Huizhou terminal was celebrated by an Aramco Asia delegation together with representatives from CNOOC upper management.
Read More »UAE`s Dana Gas Reaches Deal Over Delayed Kurdish Natural Gas Project
Kurdistan Regional Government says it will immediately pay $600m to Dana and its partners in the Pearl Petroleum consortium.
Read More »China Builds Methane Hydrate Venture in South China Sea
China is not the only country that is testing ‘fire ice’ deposits discovered in their waters.
Read More »Russia and Saudi Arabia Plan to Extend Outputs Cuts Through June
Saudi Oil Minister Khalid al-Falih and his Russian counterpart Alexander Novak met to discuss the potential extension last month in St. Petersburg.
Read More »Traders in Asia Hunt Oil Products to Send to US
Traders will try to keep discharge options open so that they are able to anticipate any potential delays in discharging the cargoes.
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