Saudi Arabia alone is spearheading three massive new projects offshore.
Read More »Libya’s Largest Oilfield still Closed
The oilfield deep in Libya’s south has been closed since December.
Read More »Crude Oil Futures Stable as Markets Await US-China Trade Developments
The two sides are yet to sign any official agreement regarding the extension of the deadline.
Read More »Bushehr NPP`s Electricity Purchased Cheap
The SANA system is a system announced by the Central Bank of Iran to the currency exchange offices.
Read More »Trump`s Concern about High Oil Prices
Oil prices getting too high. OPEC. please relax and take it easy.
Read More »Iran`s Non-Oil Trade with Japan Reduce 30%
The imports mainly included auto parts. machinery and aluminum coil.
Read More »US Crude Oil Production Reaches 12 Million bpd
The EIA now sees US crude oil production averaging 12.4 million bpd this year and 13.2 million bpd next year.
Read More »Saudi Aramco to Acquire Stake in Zhejiang Refining. Petrochemical Complex
Part of the project includes a third agreement with Zhejiang Energy to invest in a retail fuel network.
Read More »Optimism for Oil Prices will End Soon
Prices will drop in the coming months as demand softens.
Read More »IAEA Reiterates Iran Commitment under JCPOA
The IAEA new report is once again a strong reason on Iran’s commitment.
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