OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »US Senator: Turkey Seeks to `Absorb` Northern Syria
Turkey uses terrorist groups like ISIL and al-Qaeda to carry out ethnic cleansing in Northern Syria to pave the ground for Ankara'.s dominance there
Read More »Asian Imports of Iran’s Oil Up About 70%
India'.s imports more than tripled to 554.600 bpd. topping China'.s for the first time since November.
Read More »Iran Regaining OPEC’s Market Share
Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.
Read More »SOCAR Drills New Wells in Caspian Sea
SOCAR drilled 11.150 meters in January 2017. as compared to 9.810 meters in the same month of 2016.
Read More »Gas Grid Comes to Zahedan
Supply of gas to the southern province will save $660 million annually by replacing liquefied fuels with gas.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »Total in Talks to Buy Iranian LNG Project
Iran aims to grow gas output to 1 trillion cubic metres by 2018. up from 160.5 billion cubic metres in 2012.
Read More »South Korea’s Oil Imports Surge Driven by Iranian Supplies
South Korea has been one of the backbone customers of crude oil from Iran.
Read More »Iran Transport Projects Attract $12b in 2 Years
Iran is paying only 15% of the prices. while the rest will be covered by global financing firms.
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