European peer Eni had earlier lowered its production growth target for the year after profits in the third quarter rose to beat expectations.
Read More »Germany Releases Strategic Fuel Reserve to Cope With Record Drought
Record-low water levels in the Rhine have severely disrupted oil shipments across the country.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »Europe`s Economy could Suffer from Iran Sanctions
Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.
Read More »A New Era for Oil
Saudi Arabia and Russia could formalize a strategic partnership. marking a new era for the oil market.
Read More »North Sea oil and gas `could still be worth £330bn`
Up to £330bn could be spent on extracting oil and gas from UK waters over the next three decades.
Read More »US. Russia will Benefit from Sanctions on Iran
The US has increased its own oil production and exports.
Read More »Germany Wants more US Natural Gas
Germany is buying most of its gas cheaply from Russia.
Read More »Germany Wants more US Natural Gas
Germany is buying most of its gas cheaply from Russia.
Read More »Total CEO will Attend Saudi Conference
The CEO of French oil giant Total says he will attend a controversial business conference in Saudi Arabia this week.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel