Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iran is building an onshore oil pipeline worth US$1.8 billion to a terminal just outside the Strait of Hormuz. the most critical oil chokepoint in the world.
Read More »Iran Builds $1.8B Oil Pipeline To Bypass Strait Of Hormuz
Large Surprise Crude Draw Lifts Oil Prices
The American Petroleum Institute (API) has estimated a large crude oil inventory draw of 5.92 million barrels for the week ending September 26.
Read More »Saudi Aramco to Approach Petronas. Sinopec to Invest in Mega IPO
Aramco is leaning on business partners and friendly governments to help achieve its preferred valuation of US$2 trillion.
Read More »Brazil Oil Auction Attracts Interest from BP. Exxon. Shell
This is an auction for big players given the volume of oil involved.
Read More »Barkindo Invites 97 Oil Producing Countries to Join Charter of Cooperation
The Charter of Cooperation is a high-level voluntary commitment.
Read More »BP Prepares for Dudley`s Plan to Step Down
The American executive’s tenure has focused on restoring BP to the position it had before the rig explosion in the Gulf of Mexico.
Read More »China will Shut 8.7 GW of Coal Power by Year-End
China has promised to ease its dependence on coal.
Read More »Oil Prices Climb as Positive China Factory Data Eases Demand Concerns
World'.s top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day.
Read More »Iraq Prepares For Oil Export Boom
The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.
Read More »India. An Attractive Investment Destination for Saudi Arabia
Saudi Arabia is a key pillar of India’s energy security. being a source of 17% or more of crude oil and 32% of LPG requirements of India.
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