The trade disputes among some of the leading partners in the world will eventually hurt global economic growth.
Read More »Iran will Refund Total when Phase 11 of South Pars Gas Project Operational
Total signed a contract in 2017 to develop phase 11 of the field with an initial investment of $1 billion.
Read More »Nord Stream 2 Pipeline `Unstoppable` Now
Some countries that are afraid of losing revenues from Russian gas transit. are opposed to Nord Stream 2.
Read More »US Rig Count Holds Steady as Oil Prices Slip
The oil and gas rig count is now 104 up from this time last year.
Read More »OPEC NOPEC will Discuss 1 Million Bpd Production Boost Next Week
Analysts had expected that Iran would not agree to any specific production boost.
Read More »Gazprom Begins Start-Up Operations at Bovanenkovskoye Field
A 3rd and final gas production facility of the Bovanenkovskoye field is coming onstream in the Yamal Peninsula.
Read More »Iran Discuss National Currency with Russia. Turkey
Iran has discussed trade in national currencies with Russia and Turkey in order to reduce the impact of U.S. dollar.
Read More »Aramco Raises Production. Cuts Pricing on most Crudes to Asia
Aramco raised pricing on all grades to Northwest Europe and the Mediterranean region for October.
Read More »Libya`s NOC Announces the Highest Revenue since 2013
NOC has announced year-to-date revenue for 2018 of 13.6 billion dollars. hitting the highest revenue since 2013.
Read More »US Crude Inventories Decrease 4.3 Million bbl
US crude oil imports averaged 7.7 million b d. up by 229.000 b d from the previous week.
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