Three factors could pose major threats to the anticipated upsurge in global oil prices in 2017.
Read More »Iran Easily Go Back to Pre-JCPOA Conditions
Tehran does not want to see the nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA) to be torn off.
Read More »Raising Crude Output by 90.000 bpd on OPEC decision
The OPEC 171st session aiming at reviewing the oil freeze plan was held in Vienna on November 30.
Read More »NIGC: Iran. Iraq to Officially Inaugurate Gas Pipeline
Iran is ready to inject gas into the export pipeline.
Read More »OPEC. Non-OPEC Producers Meet to Discuss Compliance with Oil Cut Deal
Kuwait chairs the five-member committee which also includes Algeria. Venezuela. Russia and Oman.
Read More »Tehran. Muscat Launch Auto Manufacturing Plant
Iran and Oman are expected to invest in Chabahar Free Trade Zone on joint venture.
Read More »Output Deal Will Help Stabilize Global Economy
In November 2016. OPEC agreed to cut oil production by 1.2 million barrels per day to 32.5 million bpd.
Read More »Iran`s Electricity Export to Pakistan to Rise
Iran'.s electricity industry ranks 14th in the world in terms of output and 19th in terms of consumption.
Read More »Turkmenistan Looking for New Oil. Gas Fields
The world’s second biggest gas field. Galkynysh. is located in the eastern part of Turkmenistan.
Read More »China Postpone Plan to Launch Shanghai Crude Futures
Asia is becoming the world'.s biggest oil consuming region.
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