Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The oil can be transferred both to Iran’s northern refineries and the southern export terminals.
Read More »Iran: Oil Swap Deal with Iraq Imminent
Iran May Plan Fiscal Budget on $55 Crude
Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.
Read More »Iran Open to Investment from Russia Oil Giants
Iran is eager to attract investment from big Russian oil companies. and is ready to cooperate with Russia in the oil and gas industry.
Read More »As OPEC Extends Output Cuts. Asia Turns to North America for more Oil
The U.S.-Asia route is at least twice as long as that from the Middle East to the main Asian trading hubs in China. Japan. South Korea. Taiwan and Singapore.
Read More »Oil Prices Gain after OPEC Extension of Output Cut
Rising U.S. production helped fuel a slump in prices.
Read More »Statoil to Buy Total`s Stakes in 2 Norwegian Offshore Fields for $1.45bn
Total. now expects the production from the Martin Linge field to begin in the first half of 2019.
Read More »Iraqi Pipeline to Send 1M bpd of Oil to Turkey
Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.
Read More »Russia. Saudi Arabia Clash Ahead of OPEC Meeting
Saudis want production cuts extended through 2018. while Moscow wants flexibility.
Read More »Venezuela Could Lose A Lot More Oil Production
Venezuela is ordering its embassies around the world to renegotiate rents at their diplomatic missions.
Read More »OPEC’s Most Unpredictable Member
In just one month. Iraq turned from cheater to complainer. after clashes in Kurdistan added some geopolitical risk premium to oil prices.
Read More »