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China took almost a quarter of Iran’s exports in 2017.
Read More »China`s Crude Oil Futures Boom amid Looming Iran Sanctions
China`s Crude Oil Futures Boom amid Looming Iran Sanctions
China took almost a quarter of Iran’s exports in 2017.
Read More »IAEA`s Nuclear Inspections Chief Resigns
US President Donald Trump earlier this week announced that the United States would withdraw from the Joint Comprehensive Plan of Action (JCPOA).
Read More »US Exit from Iran Deal may Affect Korea`s Oil Imports
Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
Read More »Iran Starts Gas Production at South Pars 14
South Pars Phase 14 development project is being implemented by the employer POGC with the goal of producing 56.5 million cubic meters of sour gas per day and 75.000 b d of gas condensate.
Read More »Iraq Signs BP Deal for Kirkuk Oilfield Development
Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.
Read More »Cyprus-Egypt Gas Deal Expected Soon
Egypt is moving towards self-sufficiency in gas and becoming the Middle East’s energy hub.
Read More »Venezuela Enters New Phase of Crisis
Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.
Read More »South Pars Phase 14 First Offshore Platform Coming on Stream
Phase 14 is expected to become fully operational by the end of the current fiscal year.
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