The level of compliance with the output limit in April made 172%.
Read More »Total will Quit Iran Gas Project if no Sanctions Waiver
Total holds a 50.1 per cent stake in the South Pars project.
Read More »Nord Stream 2 Pipeline Officially under Construction in Germany
Work has officially begun to build the German section of a contested gas pipeline from Russia that is opposed by Poland and other countries.
Read More »Min: Oil Prices at $60-$65 Per Barrel is Logical
United States was trying to keep prices inflated in order to support U.S. shale oil growth.
Read More »Iran Signs Oil Contract with Pergas to Develop Keranj Field
Tehran would spare no efforts to maintain its oil production and exports at current levels.
Read More »Iran Asks Chinese Oil Buyers to Maintain Imports after US Sanctions
China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.
Read More »OPEC Compliance Reaches Record 172%
OPEC and several other non-OPEC producers have reached an agreement to extend the production deal for a further nine months.
Read More »Europe to Get Rid of US Dollar in Payments for Iranian Oil
Mogherini stressed that the sides should jointly work on the lifting of sanctions as an integral part of the historic nuclear deal.
Read More »Japan to Give Wind Power a Spin in Russia`s Far East
The experiment will see if wind power can be harnessed to cut the region'.s diesel fuel consumption.
Read More »Oil to Soar to $100. US-China Trade War Nears
Trump and his trade team have cracked down on China heavily since March.
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