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Donald Trump recently accused OPEC of ``ripping off`` the world.
Read More »Qatar Defends OPEC against Accusations
The US`s Biggest Oil Companies Join to the `Climate OPEC`
The move marks a reversal for these companies - which did not join the Oil and Gas Climate Initiatives (OGCI) when it was set up in 2014.
Read More »Saudi Arabia. Russia Violated OPEC Deal on Output Cuts
U.S. sanctions on Iran’s petroleum sector are set to take effect next month.
Read More »Iranian Firms Reconstruct 800 mw of Syrian Power Plants
More than 800 megawatts of various power plants in Syria have been introduced for reconstruction and repair.
Read More »Saudi Arabia Plans Oil Production Rise in October. November
Oil producers have added a total of about 1 million bpd output in ``recent weeks and months``.
Read More »Putin will Meet Shell CEO in Moscow
Putin and the Shell boss will discuss the Sakhalin-2 liquefied natural gas (LNG) project on Russia’s Pacific coast.
Read More »About 30 Energy Ministers to Take Part in Russian Energy Week in Moscow
The ministers will be able to discuss state policy in the energy sector during a special ministerial conference organized as part of the Russian Energy Week.
Read More »Russia Can’t Offset Iranian Oil Supply Loss to Asia
In Europe. Russia’s Urals is considered to be one of the best replacements for Iranian grades.
Read More »U.S. Oil Prices Hits Four-Year Peak ahead of Sanctions on Iran
Brent has risen by more than 20 percent from its most recent lows in August.
Read More »Syria – Iran to Enhance Electricity Sector
Iranian companies are fully prepared to cooperate with the Syrian side in the field of electricity.
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