In its monthly forecast. the agency cut its oil demand growth estimate for 2017 by 40.000 bpd to 1.31 million bpd.
Read More »Iran Could Replace Ceyhan for Kirkuk Oil
According to Oil Minister Bijan Namdar Zanganeh. negotiations are underway with Iraq to develop three joint oilfields.
Read More »Aramco Board Targeted In Anti-Corruption Crackdown
The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.
Read More »Kurdistan Ready to Hand Over Oil For 17% Of Iraqi Budget
Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October. reports of disruptions in oil flows have been a daily occurrence.
Read More »Iran Considers to Stablish Petrochemical Shipping Firm
Iran'.s petrochemical production plans and the idea of creating a fleet of tankers specifically for petrochemical products make more sense.
Read More »Japan to Help Reduce Water Loss in Isfahan
In developing countries. roughly 45 million cubic meters of water are lost daily with an economic value of over $3 billion per year.
Read More »Surge in Car Ownership to Drive Oil Demand Growth – OPEC
OPEC noted that advances in internal combustion engines has also made them more efficient.
Read More »OPEC Seeking to Reach Consensus on Output Cut Extension
OPEC is seeking to achieve consensus agreement before a meeting on Nov. 30 about extending a global pact to curb oil production.
Read More »Trump’s Approach Undermines Viability of Diplomacy
Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.
Read More »Iran Willing to Settle Turkmenistan Gas Row Out of Court
Iran'.s gas production capacity has reached 885 million cubic meters per day.
Read More »