There could be more cuts if there are other non-OPEC countries that will join the agreement.
Read More »Norway to Help Iran in Caspian Sea Offshore Drilling. Exploration projects
The most famous Norwegian oil company is Statoil. which already had activities in Iran.
Read More »$30b Needed for 2nd Phase of South Pars Development
Iran'.s oil production capacity has crossed 4 million barrels per day.
Read More »JCPOA Represents Significant Gain for Nuclear Verification
Iran is provisionally implementing the additional protocol to its safeguards agreement with the Agency.
Read More »How Long Does OPEC Need to Cut Production?
The oil market needs more time to start using up stored inventories. which are on the verge of declining.
Read More »US Shale Oil Alone Cannot Meet the World`s Growing Demand for Crude
Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.
Read More »BP Says 1 Billion Additional Barrels `Possible` in Gulf of Mexico Hubs
BP plans to apply the technology to other fields in Azerbaijan. Angola. and Trinidad and Tobago.
Read More »Water Availability in NENA Region to Face 50% Decline by 2050
Water availability in the Middle East and North Africa region decreased by about 65 percent during the last 40 years.
Read More »The 2nd National Conference of Oil & Gas Field Development
The 2nd National Conference of Oil &. Gas Field Development
Read More »Big Oil Betting On Electric Vehicles
Automaker are feeling pressed by strict emissions reduction rules in Europe and China.
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