The committee groups representatives are from Saudi Arabia. Russia. the United Arab Emirates. Kuwait. Algeria. Venezuela and Oman.
Read More »Iraq`s SOMO to JV with China`s Zhenhua to Boost Crude Sales
China is under the pressure to cut oil purchases from Iran.
Read More »Total CEO Cautious about Post-2019 Oil Prices
The projects would pave the way for greater U.S. oil and gas exports.
Read More »Norway`s Oil Industry Good Prospect
Norway’s leading industry has been on the mend for the past two years after a 2014-2016 downturn.
Read More »Some Refineries would be Hit by a Halt in Iran Oil Buying
Sinopec expects its crude oil output to remain stable over next three years.
Read More »S. Korea Petrochemical Firm to Replace Iranian Oil
South Korean refiners and petrochemical producers suspended shipments of Iranian crude and condensate in July.
Read More »US Active Drilling Rigs Reduce Sharply while Oil Prices Rebound after 7-Week Loss
Most of the oil production growth of the United States comes from the Permian Basin.
Read More »Iran`s Non-Oil Exports from South Pars Rise 23 Percent
Non-oil exports from Iran’s South Pars. the world’s largest gas field. rose 23 percent over the past year.
Read More »Basra Governor Wants Oil Firms to Build Water Plants
Every major oil company that is working in the province has to set up a desalination and sterilisation treatment plant if it wishes to continue working.
Read More »Brent Crude Likely to Trade $70-$80 per Barrel
According to analysts. Iran’s crude oil exports have fallen sharply due to US sanctions.
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