Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The total value of imports into Iran between March and November 2019 had stood at $28.3 billion.
Read More »Iran Exports in 8 Months Hit ‘Astonishing’ Figure of $27bn in Value
16% Decline in Gasoline Consumption
Diesel consumption in the period was 135 million liters per day. up 41% compared to last year.
Read More »Kuwait Could Agree in Days With Saudis on Neutral-Zone Oil
Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output.
Read More »Norway and Russia will Invest in Oil and Gas Project in Siberia
Norwegian state oil company Equinor and Russia'.s Rosneft will invest in the first stage of the development of North Komsomolskoy.
Read More »OPEC’s Rebel Makes Gesture of Atonement Ahead of New Oil Cuts
Iraq has been one of the weakest links since the OPEC+ alliance began in late 2016.
Read More »Aramco Stocks Give Up About Half of Gains Since Debut
Saudi Aramco shares extended their losses for a fourth session. reversing about half the gains accumulated from the rally following the company’s historic trading debut.
Read More »Popular Middle East Oil Falls From Favor on Cusp of IMO 2020
Once a highly sought-after grade of oil from the Middle East. Abu Dhabi’s Murban is falling out of favor as the world’s top refiners seek out other types of crude ahead of a historic ship-fuel overhaul.
Read More »Saudi Arabia and Kuwait Close to Neutral Zone Oil Deal
The zone was formally partitioned between Saudi Arabia and Kuwait in 1970.
Read More »US-China Trade Deal to Keep Oil Prices at $60 Range
JP Morgan Research expects the oil price to peak in the first three months of 2020.
Read More »Russia’s Nord Stream 2. TurkStream will be Launched despite US Sanctions
Europe is Russia'.s main customer for natural gas and critics fear the pipeline.
Read More »