Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The projects include drilling. pipeline construction and building oil terminals as well as launching oil facilities.
Read More »Domestic Firms Play Major Role in W Karoon Oilfields Exploration
Oil Short-Selling More Than Doubles Despite Mideast Risks
Oil short-selling has more than doubled in three weeks. with attacks on oil facilities and tankers unable to push prices higher for very long.
Read More »Russia. Saudi Arabia Sign Key Oil Deal
Moscow and Riyadh. a traditional US ally. have made a striking rapprochement in recent years.
Read More »California’s Energy Crisis
The gas price spike started last month after Saudi Arabia oil production facilities were attacked.
Read More »Russia will Build $1bn Oil Complex in Saudi Arabia
The organization will stick to the agenda of keeping oil prices at a ``sensible level`` in the future.
Read More »Iran may Limit IAEA`s Inspections in Fourth Cut to JCPOA Commitments
Iran may decide to limit the International Atomic Energy Agency’s inspections on its nuclear facilities in the fourth step of reducing commitments to JCPOA.
Read More »Yemeni Attack on Aramco Facilities Costs Saudi $2bn Worth of Oil Output
The attack by Yemeni forces last month shut down 5.7 million bpd of Saudi Arabia’s oil production.
Read More »US Sanctions Hit Global Oil Fleet
VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.
Read More »IEA Cuts Oil Demand Growth Forecasts for 2019. 2020
The IEA had cut its demand growth figures for the year but kept it unchanged for next year.
Read More »Iran Carefully Investigating Oil Tanker Explosions
The appropriate response will be given to the perpetrators of this cowardly attack.
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