Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.
Read More »Oil Market is Awaiting Trump Decision on Iran’s Nuclear Program due May 12
Saudi Arabia`s economic Renovation is still Dependent on Oil Prices
Middle Eastern oil exporters had to constrain government spending in recent years after crude prices slid in 2014.
Read More »Norway Stops Making Withdrawals from Its $1 Trillion Wealth Fund
The government will release its revised budget for this year on May 15.
Read More »Sinopec Plans to Cut Saudi Crude Oil Volumes for Second Month in June
Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.
Read More »Siemens Presents Energy Storage System for Offshore Use
The BlueVault is designed to help ensure continuity of power and to minimise carbon dioxide (CO2) emissions. the company noted.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Turkish. Azeri Firms to Jointly Run TANAP
BOTAŞ and SOCAR will own 50 percent of the company each and are not considering a third partner as yet.
Read More »Oil Steady on Iran Sanction Worries. Surging U.S. Supplies
U.S. crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.
Read More »Shell-CNOOC JV Launches 2nd Ethylene Cracker
The new ethylene cracker will increase the ethylene capacity by around 1.2 million metric tons per year.
Read More »SOCAR Announces Exact Date of Launching TANAP
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
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