Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Druzhba usually supplies up to 1.5mn barrels a day of Russia’s benchmark Urals blend into central Europe.
Read More »Russia’s Dirty Oil Crisis Is Worse than almost Anyone Predicted
Foreign Ministry Tasked with Oil Talks with Europe
Iranian Oil Minister Bijan Namdar Zanganeh said that the Supreme National Security Council (SNSC) has tasked the Foreign Ministry with holding talks with European countries on Tehran’s oil exports to the bloc.
Read More »Maduro Accuses Guaido of Stealing Oil Profits
Oil production would continue falling and possibly accelerate throughout 2019 as sanctions-related deadlines pass.
Read More »Huawei CEO`s Mind-Set Fit to Face Down US
Huawei founder and CEO Ren Zhengfei thanked US companies for their years of cooperation and said he believed that the supply cut to Huawei was instigated by US politicians rather than US companies.
Read More »OPEC+ Job Isn’t Done as Oil Inventory Rising
The global inventories particularly in the U.S. inventories are high and are still rising.
Read More »Pakistan. One of the World’s Fastest Growing LNG Markets
Pakistan is one of the world’s fastest growing LNG markets and is still looking to secure long-term supply contracts for its second LNG terminal.
Read More »Putin Prepares to Withdraw Support for Maduro
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
Read More »Impossible to Exclude Iran from Oil Market
Anyone who uses oil as a weapon is bringing forward the death and collapse of OPEC.
Read More »OPEC+ Working to Avoid `Any Energy Crisis` with 2 Members under Sanctions
All members remain focused on OPEC'.s principal objective to ensure stability at all times in n the oil market.
Read More »Iran not after Confrontation. but Defending Itself
Iran has threatened that it will close Hormuz Strait if US blocks the country'.s oil exports.
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