Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The Italian firm said the joint company will have a daily production of around 180.000 barrels of oil equivalents.
Read More »Eni Agreed to Merge Its Norwegian Business with Point Resources
Saudi Arabia to Cut Aug Arab Light Crude Price from 4-yr High
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »Tesla to Produce Massive Battery System
The cost of battery storage continues to drop throughout the industry.
Read More »Trump’s Oil Diplomacy Won’t Fix Supply Fears amid Iran Squeeze
Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
Read More »White House Abandon Trump Tweet that Saudi King Agree to Produce More Oil
Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
Read More »Nord Stream 2 is Russia’s Tool for Putting Pressure on EU
For Russia. gas is a mechanism of political impact and a source of huge corruption.
Read More »US Sanctions Iran. International Trade Suffers
In China'.s case. the Iranian crude oil is essential.
Read More »Iraq Oil Exports from Southern Ports Rise to 3.521 Million bpd in June
Iraq exported 3.490 million bpd of crude oil in May.
Read More »Thanks to Rising Oil Prices. Saudi Economy Grows 1.15% in the First Quarter
Oil prices have been steadily rising since early 2016. when OPEC and non-OPEC producers struck a deal to cut output.
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