Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The bond sale represents an alternate way for Saudi Arabia to raise money and diversify from oil.
Read More »Saudi Aramco Set for Mega Bond Sale
Oil Prices Hit Highest in 5 Months as Libya Fighting Tightens Supply
Libya is a significant supplier of oil to Europe. producing around 1.1 million barrels per day (bpd) of crude in March.
Read More »Asian LNG Glut Surpasses China’s Strong Demand Growth
China continues its effort to switch away from coal.
Read More »Gulf Firms Confront New Era of Low Oil Prices with Merger Wave
Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.
Read More »Russia Signals OPEC & Allies could Raise Oil Output after June
The joint ministerial monitoring committee of OPEC+ is meeting in May.
Read More »Iraqi Oil Min. Calls for Enhanced Energy Cooperation with Iran
Iraq had a company like EIED which could establish ties with its Iranian opposite number.
Read More »Oil at 5-Month High amid OPEC-Led Supply Cuts
Sanctions can cut 500.000 bpd of Venezuelan exports.
Read More »China to Develop World’s Largest LNG Carrier to Meet its Surging Demand
In 2018. China imported 54M tonnes of LNG. a 42% rise over 2017 when 37.8M tonnes of LNG was imported.
Read More »Saudi Arabia to Ditch Dollar if Washington Passes NOPEC Bill
At the current price of USD 70 per barrel. the annual value of global oil output is USD 2.5 trillion.
Read More »World Bank Trimmed Russian 2019 GDP Growth Forecast
The bank expects Russia'.s overall growth prospects for 2019-2021 to be modest given low growth potential.
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