Gas refineries in Iran had undergone major renovation and restructuring programs until September this year.
Read More »Eni CEO Sees Oil Market Stabilizing on U.S.-China Trade Deal
The partial trade deal that the U.S. reached with China should help make the global oil market more stable. Eni SpA Chief Executive Officer Claudio Descalzi said in a Bloomberg Television interview.
Read More »Aramco Up for Third Session With Eye on Passive Flows
Saudi Aramco shares advance for a third session -- though the market valuation remained below $2 trillion -- with investors focusing on the energy company’s inclusion in major international equity indexes this week.
Read More »Iran Defuses Second Cyberattack in Less Than a Week
Iran'.s telecommunications minister announced that the country has defused a second cyberattack in less than a week. this time aimed at spying on government intelligence.
Read More »Siemens Helping Iran Launch 5 GW of Modern Power Plants
Siemens has been one of the longest-serving foreign companies in Iran with first activities dating back to more than 150 years ago.
Read More »Nord Stream 2 Project to Happen Despite Sanctions Setback
The Nord Stream 2 pipeline project will carry Russian natural gas to Germany under the Baltic Sea despite mounting US sanctions.
Read More »Gazprom Tells Russians to Prepare for the End of Cheap Gas within Russia
For Russian consumers. gas is still considerably cheaper – 4.050 rubles. or $62.74 per thousand cubic meters.
Read More »Oil Market will Remain Oversupplied despite OPEC+ Pact
The biggest reduction is expected to be in U.S. shale output.
Read More »Ukraine Could Get 25 Percent Cheaper Gas from Russia
In November. Gazprom sent Ukraine'.s Naftogaz an official proposal to extend the transit contract.
Read More »Saudi Arabia Plans for Lower 2020 Oil Revenues on OPEC Cuts
The budget deficit will widen to 6.4% in 2020 from 4.7% in 2019 as the government earns less from oil.
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