Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
U.S. crude stockpiles fell last week as refineries boosted output amid strong consumption.
Read More »Oil Prices Decline on Emerging Market Woes. but Looming Iran Sanctions Support
EU-Russia-Ukraine Gas Talks at Expert Level to Begin Next Week
The transit of Russian gas after 2019 is now discussed in the context of the planned construction of the Nord Stream-2 gas pipeline from Russia to Germany.
Read More »Shell will Open 1200 Gas Retail Outlets in India in 10 Years
Shell India has acquired land for 150-200 sites across the country and operates around 120 retail outlets.
Read More »Oil Consumption to Hit 100 Million bpd `Much Sooner` than Projected
World oil consumption would hit 100 million barrels per day later this year. ``much sooner`` than earlier projected.
Read More »Libya. Biggest Contributor to OPEC Oil Output
The second-largest production increase came from Iraq and the United Arab Emirates.
Read More »Schlumberger CEO: Transport Restrictions to Slow Shale Gains
The Permian produced about 3.4 million barrels of oil per day in August.
Read More »Europe will Open Bank Accounts for Iran to Secure Oil Revenues
The EU has vowed to fight to preserve the Iran nuclear deal after the US withdrawal in May.
Read More »Saudi Arabia Wants Oil to Stay between $70-$80 A Barrel
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
Read More »KOGAS to Invest $895 Million in LNG Bunkering. Truck Projects
The new investment plan was set to meet the rising demand for LNG bunkering.
Read More »Oil Trades Near $70
OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.
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