Russia plans to build the Nord Stream 2 natural gas pipeline under the Baltic Sea to Germany.
Read More »Iraq Nears Production Capacity of 5 Million b d
Iraq is in full agreement with OPEC members that the freeze should continue.
Read More »Iran`s Light Crude Oil Price up $1.8 in a Week
Iran'.s light oil price was reported $64.57 on average since the beginning of 2018.
Read More »Supreme Leader Offers Condolences over `Bitter. Heartrending` Tanker Incident
The Iranian Cabinet declared Monday. January 15. as a nationwide day of public mourning over the tanker disaster.
Read More »PetroChina’s Biggest Refinery Increase Russian Pipeline Crude Oil
China’s crude oil imports from Russia rose by 11 percent on the year in November.
Read More »Oman to host OPEC meeting
Oman is one of the non-OPEC nations to take part in the JMMC that was formed in 2016 to control falling oil prices.
Read More »Chinese Firms Build Sub-Sea Pipeline Installation in Nigeria
The 650.000-barrels-per-day refinery will come on stream by September 2019.
Read More »No hope for finding missing Crew alive
Due to the vast size of the blaze. the bodies of the Sanchi tanker crew may not be found anymore.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Trump Extends Iran Sanctions Relief
IAEA on November 13 in a new report verified for the ninth time that Iran has been in compliance with the deal since it was implemented on January 16. 2016.
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