There could be more cuts if there are other non-OPEC countries that will join the agreement.
Read More »US Company Seeks Cooperation with Iran in Oil Industry
US-based Pall Corporation seeks to cooperate with Iran in the oil sphere.
Read More »OPEC Wants `Collective Efforts` to Counter US Oil Output
OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.
Read More »French Co. Positive About Prospects in Iran
Iran has unique potential for turning into a major player in global oil and gas markets.
Read More »Gazprom Export to Add Major New Gas Reserves. Eyes More Auctions
Gazprom exports met around 34 percent of European gas demand in 2016. a record high.
Read More »World’s Second Largest Offshore Wind Farm Opens in Dutch North Sea
The project was financed by 25 banks from Asia. Australia. Europe. and North America.
Read More »Shell Calls for Wider Crude Slate to Set Brent Benchmark
Urals is the one which North West European refineries should be designed to run optimally.
Read More »Macron Win. OPEC Cuts Not Enough to Stimulate Oil Markets
An extension of the OPEC agreement will not be enough to raise global oil prices significantly.
Read More »Turkish Stream Gas Pipeline Irritates but Gives New Opportunities to Bulgaria
The gas pipeline project is expected to be completed by 2020.
Read More »Siemens to Begin Transformer Supply to Iran
Germany’s Siemens plans to resume providing power transformers to Iran.
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