Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The global oil market is balanced. while some uncertainties remain.
Read More »Oil Market Balanced. but Uncertainties Persist
OPEC Struggles to Detain Oil Price Decline
OPEC+ is expected to reaffirm its commitment to rebalancing the market at its September 12 meeting.
Read More »Plans Unveiled for New £50m Net Zero Solution Centre
It has received backing from major companies including BP. Equinor. Shell. Siemens. Total and Wood.
Read More »Government Urged to Fund Local Energy Trials at Universities
The Institution of Mechanical Engineers says demonstration projects will encourage innovation as well as help universities in meeting their own decarbonisation targets.
Read More »Private Companies may be Allowed to Develop Arctic Shale
Gazprom and Rosneft are developing large deposits on the Arcric shale at the moment.
Read More »Changes in Saudi Oil Management won`t Hurt Ties
Russia continues its coordination with the Organization of the Petroleum Exporting Countries (OPEC) on the global oil market.
Read More »EAEU-Iran Trade Deal to Take Effect on Oct. 26
Under an agreement signed between Iran and Russia. Moscow was set to allocate a one-billion-dollar loan to Tehran for construction of a 1400-megawatt power plant in southern Iran.
Read More »Saudi Arabia Replaces Aramco Chairman Ahead of Potential IPO
Aramco plans to float around five per cent of the state-owned company in 2020 or 2021.
Read More »Russia Plans to Fully Comply with OPEC+ Output Commitment in Sep
Under the OPEC+ agreement in August. Russia'.s oil production cut level was 143.000 b d compared to October 2018.
Read More »Nord Stream 2 Consortium Insists Project will be Completed on Schedule despite Danish Delay
French energy giant Engie. Shell of the Netherlands. and two German companies. Uniper and Wintershall Dea. are all financing partners of the 9.5 billion euros project.
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