Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iraq. OPEC’s second-biggest oil producer. supports any agreement that would stabilize the market.
Read More »OPEC+ Panel Weighs Impact on Oil Demand from Virus
UAE Finds World’s Biggest Gas Field since 2005
Dubai and Abu Dhabi made what could be the world’s largest natural gas discovery since 2005 as the two biggest sheikhdoms in the United Arab Emirates.
Read More »Citi Sees Coronavirus Impacting Oil Prices Until Q4
Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.
Read More »OPEC+ Heavyweights Divided on Need for Urgent Response to China Virus
China is the oil market’s primary source of demand growth and measures taken to slow the spread of the coronavirus.
Read More »Aramco-Like Mammoth IPO Proposed for India’s Biggest Insurer
The sale can fetch the government between 850 billion rupees to 900 billion rupees should the IPO get done this year.
Read More »Phase 14 of South Pars Gas Field Fully Developed with Giant Rig Installation
Total production from South Pars is currently around 630 mcm and is expected to near 700 mcm by March.
Read More »Iran to Take Harder Steps in Nuclear Field. Following Sanctions on Salehi
Iran’s nuclear program won’t depend on steps of other countries.
Read More »Saudi Arabia may Cut March Prices for Most Crude Grades to Asia
Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.
Read More »Erdogan`s Attempt to Explore Gas in the Eastern Mediterranean
Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.
Read More »Egypt’s Energy Hub Dream
Egypt’s local market demand is still too low to absorb the current glut. and pipeline exports to Jordan are still very low.
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