A legal battle over the quality and price of gas imported by Iran from Turkmenistan continues at the International Court of Arbitration (ICA). the National Iranian Gas Company (NIGC) said.
Read More »Iran Planning Massive Projects to Use Flare Gas
Iran has massive plans to use flared gas burnt or vented in oil and gas facilities across the country. says an energy ministry official.
Read More »Iran Govt. Approves to Drop Four Zeros. Revert to Toman
The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.
Read More »Experts Warn about Risks of Oil Price Plunge in 2020
The expert expects the Persian Gulf tensions to persist within a year and a half.
Read More »Iran will Take `Third Step` to Reduce Commitments to Nuclear Deal
The third step in reducing commitments to (the nuclear deal) will be implemented in the current situation.
Read More »Has US Shale Gas Production Peaked?
The equity in gas markets are sending a clear message to operators to cut growth to maintenance levels and someone need to go further than that.
Read More »Saudi Arabia Is Sending More Oil to China
China imported a record amount of crude from Saudi Arabia in June.
Read More »Libya`s Oil Production Falls due to Pipeline Closure
The halt in production at Libya'.s largest field severely disrupts the country'.s energy supply.
Read More »US Grants 90-Day Waivers to Nations Participating in Iran’s Civilian Nuclear Program
Five waivers were still extended and are set to stay in place at least for another 90 days.
Read More »OPEC Production Lowest since 2014 as U.S. Squeeze on Iran Continues
OPEC reduced output at the start of this year as part of an agreement with other producers.
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