Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iran plans to increase its condensate production to reach 864.000 bpd within five years.
Read More »Iran Looks to Ramp Up Production
Could Kurdish Independence Spark an Oil War?
The Kurds are expected to vote on their political status in late September.
Read More »The World’s Largest Offshore Oil Field Is Back in Action
Whatever the outcome. after several years of stagnation since 2010. Kazakh crude output will rise in both mid- and long-term.
Read More »Vitol Ups Cash-for-Oil Deals with Kazakhstan to $5B
Vitol. the world’s largest independent commodity trader. is increasing its export prepayment deals to secure more oil trade with cash-strapped producers.
Read More »TANAP Construction Completed by Over 80%
TAP’s shareholding is comprised of BP (20 percent). SOCAR (20 percent). Snam S.p.A. (20 percent). Fluxys (19 percent). Enagás (16 percent) and Axpo (5 percent).
Read More »UK`s Oil Industry `Entering Final Decade of Production`
The UK urgently needs a bold energy transition plan. instead of trusting to dwindling fossil fuel reserves and possible fracking.
Read More »Lebanon Passes Oil Tax Law Ahead of First Energy-Rights Auction
Lebanon is seeking to develop its energy assets after lagging behind Cyprus. Egypt and Israel in exploring for oil and natural gas in the eastern Mediterranean.
Read More »Bahrain: Oil will Keep Gulf Region Vital Globally
Oil will remain the most important commodity in the world.
Read More »Trump: Fate of Iran Nuclear Deal Hangs on Tough UN Policing
The warning from Trump came in a message to the U.N. agency’s annual meeting. being held in Vienna. that was read by U.S. Energy Secretary Rick Perry.
Read More »JCPOA Ministerial Meeting in New York Next Week
The annual US General Assembly opened on September 12 and lasts until December or January.
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