Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Brent is set to enter 2019 below $54 per barrel and is expected to trend lower amid surging US supply.
Read More »Qatar`s Exit from OPEC Unlikely to have Impact on Oil Markets
U.S. Still Imports Natural Gas from Russia
The gas being exported out will likely fetch higher prices right now in Europe and Asia.
Read More »US Oil Industry Shocked Middle East Oil Producers
Average US exports of oil products have risen 7% so far this year.
Read More »Facebook Is Developing a Cryptocurrency for WhatsApp Transfers. Sources Say
Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app.
Read More »Supply Glut and Economic Concerns Affects Oil Price in 2019
The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.
Read More »Exxon Mobil. the Most Active Driller in Permian Basin
For Exxon. the Permian is still small when placed in the context of its global reach.
Read More »Qatar Buys Mexico Oil Stakes from Italy`s Eni
Eni has made offshore discoveries from the Americas to Africa and the Mediterranean.
Read More »Oil Extends Gain on OPEC`s Output Pact
Libya’s largest oil field was halted after members of the Petroleum Facilities Guard shut down pumps leading to tanks.
Read More »China Increases Natural Gas Imports to Avoid Winter Shortage
China’s gas needs peak for its winter heating season.
Read More »Oil will Fall To $40 If OPEC Fails to Reach Deal
Iran will not take part in any cuts while there are U.S. sanctions on its oil.
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