Saudi Arabia still loses sleep over the price of oil. Not for much longer.
Read More »Brent Crude Oil to Rise
Goldman kept its average Brent price forecast for the third quarter of 2017 at $57 per barrel.
Read More »Ukraine Interested in Boosting Energy Ties with Iran
A strategic plan for cooperation of Tehran and Kiev in energy and exchange of goods has been provided.
Read More »European Firms Looking for Gas and Oil Cooperation with Iran
Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.
Read More »IEA: Global Oil Market Rebalancing Speeds Up
Global oil supply fell by 140.000 bpd in April to 96.17 million bpd.
Read More »China to Participate in Building Nuclear Fuel Production Facilities in
Westinghouse and a French company were interested in building a factory for nuclear fuel production in Ukraine.
Read More »Caspian Pipeline to Boost Oil Exports
The export plan for this year. based on nominations submitted by shippers. will add more oil to the global market.
Read More »South Pars Oil Output Surpasses 1m Barrels
Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.
Read More »Solar Mini-Grids Could Protect the U.S. From Terrorist Strikes
This process would protect against cyberattacks such as the those levied against Ukraine in December 2016.
Read More »Brent Oil Price Exceeds $52 bbl
OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.
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