Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC reportedly considered announcing a cut of 1.4 million bpd.
Read More »OPEC`s Strategy to Avoid Trumps Anger
Iraqi Kurdish. Turkmen Leaders Discuss Kirkuk`s Future
Since the 2003 U.S.-led invasion of Iraq. Kirkuk has remained the subject of dispute between the central government in Baghdad and the Erbil-based KRG.
Read More »Oil Hits 2018 Lows on Emerging Supply Surplus
Oil prices have plunged by around 30 per cent since their last peaks in early October.
Read More »Low Oil Prices Will Hurt US Shale
Thanks to shale. US oil production surged to a record level of 11.6 million barrels per day earlier this month.
Read More »Oil Prices Remains Weak. Saudi Arabia Vows to Balance Global Glut
The kingdom is considering slashing oil production by up to 1.4 million barrels per day (bpd) with OPEC members.
Read More »IAEA Members Criticize US Withdrawal from Iran Nuclear Deal
IAEA members lauded Iran cooperation with this international body and urged all sides to stick to their obligation.
Read More »Arab Energy Ministers Meet in Cairo
The meeting discussed the developments of the Arab Common Market for electricity.
Read More »Southern Gas Corridor. A Game changer In European Gas Markets
Turkish Stream will have two lines. each able to carry up to 15.75 billion cubic meters.
Read More »Saudi Aramco Aims to Become China`s Top Oil Supplier in 2019
Aramco signed five new crude oil supply agreements with five Chinese customers in Shanghai in early November.
Read More »Washington Tries to Reduce the Power of Oil Cartel
US President Donald Trump has repeatedly blamed OPEC for rising oil prices.
Read More »