Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The Saudi policy appears to be helping cool prices in the way sought by President Trump.
Read More »OPEC Production Rise as Saudi Arabia Pumps more Oil
Saudi`s $500 Billion Futuristic Mega City NEOM
NEOM was announced by Saudi Crown Prince Mohammad bin Salman at the Future Investment Initiative conference in Riyadh on October 24. 2017.
Read More »High Oil and Gas Prices Sends U.S. GDP Soaring
Not only is U.S. shale production growing. but the shale industry as a whole is expected to become profitable this year for the first time in history.
Read More »South Korea Plans to Lower LNG Tax for Power Generation
S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.
Read More »The EU. U.S. LNG Deal Won’t Work
During the Cold War. Russia built an extensive network of pipelines in Eastern Europe.
Read More »Will India Give Up Iran’s Oil?
If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.
Read More »Iranian Sanctions Influence Oil Prices
The loss of Iran could pull millions of barrels off the market at a time when spare capacity is at a premium.
Read More »Oil Rises on US-EU Trade Talks. Red Sea Shipping Suspension
U.S. crude oil inventories last week tumbled more than expected to their lowest level since 2015.
Read More »China’s Economic Growth Could Boost Oil Demand
China’s economic growth eased in the second quarter of this year to 6.7 percent.
Read More »Study Assesses OPEC’s Spare Capacity Value
The study is based on date only up to October 2014.
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