Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.
Read More »Venezuela Takes Over OPEC Rotating Presidency
OPEC Concerned about US Shale Flooding Market
Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.
Read More »Despite Bid to Diversify Gas Source. EU more dependent on Russia
Strong European demand has allowed Gazprom to increase production after weak results in recent years.
Read More »President Calls for Mobilization to Rescue Oil Tanker Crew
The Iranian tanker carrying condensates collided with a Chinese freight ship in East China coast last Saturday.
Read More »China Pleaded to Continue Operations to Control Fire on Oil Tanker
The Iranian tanker collided with a Chinese vessel off east China coast on January 6 and all those on board went missing.
Read More »Iraq will Gain too much from Gas-Supply Pact with Kuwait
Iraqi Prime Minister Haider al-Abadi expressed great support for the Kuwait agreement.
Read More »The First Energy Conflict In 2018
In 2018. Turkey will have its first brand-new drilling vessel. the Deepsea Metro II.
Read More »Oil-Rich Venezuela Suffers from Gasoline Shortage
Venezuela’s oil production has fallen to levels not seeing since the late-1980s.
Read More »China Denies It Is Illegally Selling Oil to North Koreans
China has always implemented UN Security Council resolutions pertaining to North Korea in their entirety.
Read More »Donald Trump Says China has been Caught `RED HANDED` Letting Oil into North Korea
China is Pyongyang’s main oil supplier.
Read More »