Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Middle Eastern crude oil lifting fell sharply in July. with overall volumes down by more than 800.000 bpd.
Read More »OPEC may Take Action to Stop Oil Price Slide below $60
OPEC Sees Oil Output Hit Lowest Level since 2011
Among countries with higher output. Gulf producers Kuwait and the United Arab Emirates both raised supply while remaining below their OPEC targets.
Read More »Egypt Signs MoU with US on Oil Sector Cooperation
Egypt aims to become a regional gas hub for the trade of liquefied natural gas after major gas discoveries in recent years.
Read More »OPEC Fixes July 1-2 as Date for Its Next Meeting
The current round of quotas went into force in January and ends on June 30.
Read More »Shell Discovers over 1trn Cubic Feet of Gas in Eastern Nigeria
The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate. in shallow and deep reservoirs.
Read More »Russia to Increase Presence in African Oil. Nuclear Projects
Russia is planning to increase its involvement in developing energy projects in Africa. during the tenth BRICS Summit in Johannesburg.
Read More »Global Climate Goals Threatened by Decline in Renewable Energy Investments
Following the Paris climate agreement in 2015 more than 170 countries agreed to try limiting global warming to well below 2C.
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