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U.S. President Donald Trump has until May 12 to decide whether to restore the sanctions on Iran that were lifted after an agreement over its disputed nuclear programme.
Read More »Rising U.S. Rig Count Knocks Oil
A Woman in Saudi Aramco`s Board
Saudi Aramco is the world’s top oil company.
Read More »NPC is Ready to Support Petchem Investors. Licensors
Iran ranks first in the world'.s gas reserves and fourth in the world'.s oil reserves.
Read More »Libya’s Sirte Oil Company Boosts Production to 61.000 bpd
Libya’s national production rose to above 1 million bpd last year after long-term blockades of ports and pipelines ended.
Read More »ADNOC. Austria`s OMV ink $1.5bn Offshore Agreement
The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.
Read More »India Create Network with Asia`s Oil Buyers
India will work to create a network with other major oil buyers in Asia to negotiate better terms with sellers.
Read More »Decline of US Natural Gas Storage
Some natural gas storage operators have reported net withdrawals from base gas. beginning with the week ending 6 April 2018.
Read More »Angela Merkel Meets with Trump in Latest European Attempt to Preserve Iran Nuclear Agreement
Ms Merkel is the second European leader to visit the White House this week.
Read More »Iran Oil Price Nears $70
The average price of Iranian light crude oil has been $65.39 a barrel. and the average of the Iranian heavy crude oil has been $63.88.
Read More »Another OPEC Member Suffering from Sharp Decline
While plunging output in Venezuela captures the oil world’s attention. problems are quietly festering in another OPEC nation.
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