Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.
Read More »Gulf Firms Confront New Era of Low Oil Prices with Merger Wave
World Bank Trimmed Russian 2019 GDP Growth Forecast
The bank expects Russia'.s overall growth prospects for 2019-2021 to be modest given low growth potential.
Read More »US will Add 34 of Venezuelan State Oil Firm`s Vessels to Sanctions List
The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.
Read More »Venezuela Rejects New U.S. Aggression against Oil Industry
Caracas considered unacceptable Washington'.s decision to apply measures against vessels and transportation companies to affect oil shipments to Cuba.
Read More »Lebanon Oil and Gas will Tempt Mediterranean Region
Lebanon has 95.9 trillion cubic feet of gas and 865 million barrels of oil in just 45 percent of its economic waters.
Read More »Venezuela Oil Exports Stable In March
The blackouts suspended operations at Venezuela’s largest oil export terminal.
Read More »Saudis Raised Taxation on Aramco by Switching to Brent Oil
The change could add nearly 7 percent to the price used to determine the royalty.
Read More »World`s Biggest Oil Field is Fading Faster than Anyone Guessed
Ghawar in Saudi Arabia is the world'.s largest conventional oil field.
Read More »LNG will be Big Part of China-U.S. Trade Once Tensions Resolved
China and the United States are moving closer to a final trade deal after months of tough negotiations.
Read More »World`s Most Profitable Company in 2018
The company is preparing to raise debt in part to pay for the acquisition of a majority stake in domestic petro-chemical group Sabic.
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