Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Libya has northern Africa'.s largest proven reserves of oil - at 48 billion barrels.
Read More »Libyan Oil Output could have Stabilizing Effect on Markets
The Oil Price under the Control of Just Three Men
As oil prices have headed south. Saudi Arabia said it would cut exports by 500.000 bopd next month.
Read More »Egypt Tends to Become Major Energy Exporter
Egypt is investing in a processing plant on the Red Sea that could produce some four million tonnes of petro-products a year.
Read More »Venezuela Ready to Share Economic Data with IMF
Venezuela’s crude production could soon sink to below 1 million bpd.
Read More »$80 Oil Is Unhealthy For the World
Expensive energy is back and it is threatening global economic growth.
Read More »IEA Cuts Oil Demand Forecasts. Expects Prices Staying High
The IEA cut its estimate for global oil-demand growth for both 2018 and 2019.
Read More »Expensive Energy Threatens Global Economic Growth
Brent Crude prices have been holding above $80 a barrel.
Read More »Venezuela has Officially Launched Its Oil-Backed Cryptocurrency
Experts and analysts are skeptical that the Venezuelan cryptocurrency is really backed by oil assets and minerals.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
Read More »Asian Markets Share Fall on Trade. Emerging Market Anxiety
The financial crises in Argentina and Turkey have sent shivers through emerging markets.
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