Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
At $60. the Kingdom and some other Gulf countries (though not Oman and Bahrain) will probably run a current account surplus for 2018.
Read More »OPEC Deal could Produce a Goldilocks Scenario for Saudi Aramci IPO
Iran: Oil Swap Deal with Iraq Imminent
The oil can be transferred both to Iran’s northern refineries and the southern export terminals.
Read More »The US Wants China to Cut Off Oil Supplies to North Korea
The U.S. has for months insisted that more radical measures be taken against the North Korean regime.
Read More »China to Step up Oil. Gas Exploration
China aims to increase domestic crude oil output to 200 million tonnes by 2020.
Read More »Iran May Plan Fiscal Budget on $55 Crude
Oil crashed to its lowest levels in over a decade in February 2016 from a high of $115 a barrel three years ago.
Read More »China Receives over 200 bcm of Central Asian Gas
The pipeline'.s length is 1.830 kilometers and its total capacity is 55 billion cubic meters a year.
Read More »How Big Oil Is Transforming Shale
The IEA estimates that the wave of energy digitalization could lower the cost of production by 10 to 20 percent.
Read More »As OPEC Extends Output Cuts. Asia Turns to North America for more Oil
The U.S.-Asia route is at least twice as long as that from the Middle East to the main Asian trading hubs in China. Japan. South Korea. Taiwan and Singapore.
Read More »Shell. PetroChina JV Paves Way toward Big Gas Development in Australia
Supplying QCLNG will help make the development more profitable. Shell said.
Read More »Oil Prices Gain after OPEC Extension of Output Cut
Rising U.S. production helped fuel a slump in prices.
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