Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Positive signs in the Sino-U.S. trade front eased concerns over the potential negative impact on oil demand from the world’s two biggest oil importers.
Read More »Oil Prices Fall Amid Unexpected Increase in Crude Stocks
OPEC+ Pact will be ‘Easy’ to Extend beyond June
Iran is exempt from oil-output cuts following Trump’s decision to re-impose sanctions on the country last year.
Read More »Construction of Nord Stream 2 to Be Continued Despite New Gas Directive
Nord Stream 2 is a joint venture of Russian gas giant Gazprom and five European companies.
Read More »US Rises Crude Oil Stocks and Output
Crude oil production in the U.S. rose by 100.000 barrels to 12.2 million barrels per day (bpd) for the week ending March 29.
Read More »Amano Reaffirms Iran`s Compliance with Nuclear Deal
IAEA inspectors have full access to all locations required to verify the deal'.s implementation.
Read More »Oil Prices Approaches $70 amid OPEC Supply Cuts
Venezuela'.s state-run energy company. PDVSA. kept oil exports near 1 million barrels per day in March despite US sanctions.
Read More »China Gas Demand will Reach 360 bcm in 2020
China’s gas demand will reach 360 billion cubic metres (bcm) in 2020 and rise to 480 bcm by 2025.
Read More »Global Gas Consumption Rise with Further US. China Demand
Natural gas consumption increased by 170 billion cubic meters in 2018 compared to 2017.
Read More »World`s Biggest Oil Field is Fading Faster than Anyone Guessed
Ghawar in Saudi Arabia is the world'.s largest conventional oil field.
Read More »LNG will be Big Part of China-U.S. Trade Once Tensions Resolved
China and the United States are moving closer to a final trade deal after months of tough negotiations.
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