Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Absheron’s reserves are estimated at 350 billion cubic meters of gas and 45 million tons of condensate.
Read More »UAE Company to Take Part in Azerbaijan’s Absheron Field Development
U.S. Shale Oil Producers Profitable Despite Low Crude Prices
U.S. crude for November delivery stood around $52 per barrel on Tuesday.
Read More »What Happens If Trump Trashes the Iran Nuclear Deal?
Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.
Read More »China and Russia Agree to Expand Energy Cooperation
Russia is currently the top exporter to China for oil and energy. and the fifth for coal.
Read More »Oil Min: OPEC`s Pact Compliance `Acceptable`. Some Changes Needed
OPEC members Libya and Nigeria have been exempted from supply curbs as their oil industries recover from years of unrest.
Read More »Iran Says to Keep Crude. Condensate Exports at Around 2.6 Million bpd in 2017
NIOC has informed buyers in Asia that it could reduce condensate exports in October because of the maintenance at South Pars. industry sources have said.
Read More »Iraqi Government Asks Foreign Countries to Stop Oil Trade with Kurdistan
Kurdish oil production has been dominated by mid-sized oil companies such as Genel. DNO. Gulf Keystone and Dana Gas.
Read More »3 Wind Farms for Sistan-Baluchestan
All areas in Sistan-Baluchestan Province are suitable for producing solar energy. with the northern areas particularly suitable for creating large wind farms.
Read More »Turkey to Attain Gas Targets in 1-2 yrs: Oxford Expert
With the Turkish government'.s decisiveness. the target of a 30 percent gas share in the power sector by 2023 will most likely be achieved in one to two years.
Read More »Chevron to Invest $4 Billion to Boost Permian Basin Output
The Permian is the powerhouse (of U.S. crude output growth).
Read More »