Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Latest estimates show the field holds 1.53 billion barrels of mostly light crude oil in place.
Read More »SZOGPC Speeding Up Operations in Central Oil and Gas Fields
Maersk Shipments to Qatar Blocked by Shipping Ban
U.S. President Donald Trump took credit for the dispute in a Twitter statement Tuesday morning.
Read More »Qatar Has No Plan to Shut Dolphin Gas Pipeline to UAE Despite Rift-Sources
The diplomatic dispute has stoked concern that any supply disruption could spill over into global gas markets.
Read More »SOCAR to Create Another Big Petrochemical Complex in Turkey
About $11 billion of Turkey’s negative trade balance accounts for the petrochemical sector.
Read More »Imposing New Sanctions Could Endanger Nuclear Deal
As Barack Obama’s top diplomat. Kerry played a major role in achieving the historic nuclear deal with Iran involving six world powers.
Read More »South Korea Plans Energy U-Turn Away from Coal. Nuclear
The price of gas-fired electricity in March was 129.51 won ($0.1160) per kilowatt-hour (kWh). 40 percent more than coal and nearly double the cost of nuclear power.
Read More »Qatar`s Fall from Grace a Blessing for Oil-Dominated Economies
Geopolitical consequences aside. market experts believe that the situation around Qatar may serve to become a positive factor for rising oil prices.
Read More »Algeria Completes New Natural Gas Pipeline
Algeria has announced plans to increase gas output to 141.3 billion cubic meters (bcm) this year and 143.9 bcm in 2018. from 132.2 bcm in 2016.
Read More »Statoil Invests over $6.5B in Azerbaijan
Azerbaijan has been an important part of Statoil'.s international strategy over the past two decades.
Read More »Trump`s Paris Goodbye Is a Win for Coal and Oil
Coal producers were among the few companies that pushed for Trump to walk away from Paris.
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