Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.
Read More »Iraq Asks BP to Study Developing Kirkuk Oilfields
Shale Surge Won`t Thwart Plan to Clear Glut
Demand for this year is expected to be good. if not better than 2017.
Read More »Turkish `Warships` Stop Italy’s ENI Rig in Waters off Famagusta
Turkey opposes the drilling. saying it flouts the rights of the breakaway Turkish Cypriots to ethnically-split the conflicted island’s natural resources.
Read More »Iraq Seeks $100 Billion to Revive Economy
A U.S. official in Baghdad said 100 U.S. companies were participating in the conference.
Read More »Romanian Gas Deal would End Russia`s Monopoly
Hungary sent some of its gas reserves to Serbia. which was even more acutely affected by the crisis.
Read More »Iran’s Production Rise Lowers Oil Prices
OPEC member Iran revealed plans to ramp-up production by at least 700.000bpd within the next four years.
Read More »India to Boost Oil Refining Capacity By 77%
India plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons.
Read More »Iran Ready to Supply 3.000MW Electricity to Pakistan
The Iranian ambassador stressed the need for greater use of the capacities of the two countries.
Read More »Iraqi Army Planes to Secure Oil Route to Iran
Iraqi oil officials announced in December plans to transport Kirkuk crude by truck to Iran’s Kermanshah refinery.
Read More »USA. Argentina may Impose Venezuela Sanctions
The governments were analysing the possible effects that these measures would have on Venezuelan citizens.
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