Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
U.S. President Donald Trump has until May 12 to decide whether to restore the sanctions on Iran that were lifted after an agreement over its disputed nuclear programme.
Read More »Rising U.S. Rig Count Knocks Oil
Schlumberger Approved to Buy Into Russia’s Eurasia Drilling
Russia’s special commission on Foreign Investment approved Schlumberger to buy a stake of 25% to 49% in Eurasia Drilling.
Read More »Shinzo Abe Praises Relations with Oil-Rich UAE
About a quarter of all oil imports for Japan come from the UAE.
Read More »A Woman in Saudi Aramco`s Board
Saudi Aramco is the world’s top oil company.
Read More »ADNOC. Austria`s OMV ink $1.5bn Offshore Agreement
The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.
Read More »Russian Diplomat Names Conditions for Nord Stream 2 Project Fulfillment
The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.
Read More »NOC Discusses with BP and Eni Resumption of Oil Exploration Activities
BP signed a major exploration deal in Libya in 2007 but put its onshore plans on hold in 2014 because of security concerns.
Read More »Iraq Awards UAE. China Rights to Develop Oil in Northeast
Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.
Read More »SOCAR and BP Sign New Production Sharing Agreement
Block D230 lies some 135 kilometres (84 miles) north-east of Baku in the Caspian Sea.
Read More »Iraq Issues 6 Licenses of Oil. Gas Exploration to Foreign Firms
Iraq wants to increase its crude oil production to over 5 million barrels per day (bpd) from its current production of about 4.35 million bpd.
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