Iraq is on board with extending the deal in the next OPEC meeting to help stabilize oil prices and balance the market.
Read More »US Company Seeks Cooperation with Iran in Oil Industry
US-based Pall Corporation seeks to cooperate with Iran in the oil sphere.
Read More »OPEC Wants `Collective Efforts` to Counter US Oil Output
OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.
Read More »Russia Boosts Urals Oil Flow to India as OPEC Cuts Production
India'.s main crude suppliers. Saudi Arabia and Iraq. cut exports to India this year due to production curbs.
Read More »French Co. Positive About Prospects in Iran
Iran has unique potential for turning into a major player in global oil and gas markets.
Read More »Arctic Ocean Methane Seeps Cool Water. Help Reduce Global Warming
Methane is a greenhouse gas that traps 30 times as much heat in the atmosphere as CO2.
Read More »Macron Win. OPEC Cuts Not Enough to Stimulate Oil Markets
An extension of the OPEC agreement will not be enough to raise global oil prices significantly.
Read More »Russia Backs Saudi Proposal to Extend OPEC Oil Cuts Beyond 2017
Russia said it supports a suggestion from Saudi Arabia that OPEC and its allies extend their oil output cuts into next year.
Read More »Iran will Sign $80bn Oil Deals in 2 Years
Iran will continue to rank first to third among main energy players in the world.
Read More »Iranian. Malaysian Oil Firms Sign Cooperation Deal
Iranol and Petronas will boost their cooperation on engine oil and industrial lubricants production.
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