BP and Shell hold equal stakes in the Manuel discovery.
Read More »Iran’s FM to Travel to India to Deepen Ties
Senior executives from state and private entrepreneurship companies will accompany FM Zarif on this three-day visit.
Read More »OPEC Strategy still a Winner for Members
Given oil’s plummet at the end of last year. OPEC’s strategy to stabilize the market might look a bust.
Read More »Saudi Aramco to Build Oil Refinery in Pakistan
The oil refinery project will be the biggest Saudi investment in Pakistan.
Read More »Oil Rises amid U.S-China Trade Talks. Supply Cuts
OPEC oil supply fell in December by 460.000 barrels per day (bpd).
Read More »Goldman Cuts Oil Price Forecasts for 2019
A surge in OPEC production in late 2018 means the market started this year better supplied than the last.
Read More »Oil. LNG Trade at Risk as US-China Talks Resuming Monday
China hit US LNG with a 10% tariff in September and threatened to increase it to 25%.
Read More »Iraq. Afghanistan. Pakistan Top Importers of Iran’s Electricity
Last year. Iran expressed readiness to provide up to 3.000 MW electricity to Pakistan.
Read More »SOCAR Looks At Increasing Investments in Turkey
SOCAR also plans to purchase Turkish assets of the German energy giant EWE.
Read More »Iran FM to Visit India. Iraq to Boost Ties with Neighboring States
Tehran is ready to cooperate with all the regional states to resolve differences among certain countries in the region.
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