The producer club will curb output by 0.8 million bpd from October levels.
Read More »Iran Showcases Nano Achievements at Muslim World Technology Fair
Iranian-made products in the fields of nanotechnology and nano-medicine are exposed at the 4th edition of Science and Technology Exchange Program (STEP) of the Islamic World in the Omani capital city of Muscat.
Read More »Iran seeks to create virtual common trade gateway with 5 countries
Iran has held talks to establish virtual gateway for common trade with five major business partners to reduce the risk of smuggling.
Read More »Oil Extends Gain on OPEC`s Output Pact
Libya’s largest oil field was halted after members of the Petroleum Facilities Guard shut down pumps leading to tanks.
Read More »China’s Petroyuan Is Going Global
China is now the world’s largest oil importer.
Read More »Natural Gas Share in India`s Energy Mix
In India. gas is primarily used for fertilizers. followed by power generation. domestic fuel - largely for cooking - transport and petrochemicals.
Read More »Russia`s Oil Output Fell in November ahead of OPEC+ Meeting
The production decline is the first since the beginning of this year.
Read More »Iran Warns EU Patience is Running Thin
U.S. President Donald Trump pulled out of the accord in May.
Read More »India will Double Natural Gas Usage
The Indian government has not yet disclosed the price tag for making this significant switch away from crude and toward natural gas.
Read More »Turkey Accelerates Its Efforts to Become Energy Trading Hub
TurkStream is one of the vital energy projects for Turkey to become an energy trading hub.
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