Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
OPEC oil output fell to a 13-month low in May.
Read More »OPEC May Oil Output Hits New Low on Nigeria. Venezuela
Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Russia is Ready to Maintain Gas Transit through Ukraine after Nord Stream-2 is Launched
Putin refused to estimate the gas volumes that can be simultaneously transported through the new gas pipeline and the Ukrainian gas transport system.
Read More »Naftogaz Steps Up Efforts to Recover Gazprom Assets
The Ukrainian company is working in Switzerland. the Netherlands and Britain to acquire Gazprom assets in those states.
Read More »UAE Provided over 28% of Japan’s Crude Oil Needs in April
Saudi Arabia provided 38.933 million barrels. or 40.3% of the total. Meanwhile. oil from Kuwait came to 9.1%.
Read More »Iran Keeps Position as Top Crude Oil Exporter to Turkey
Crude oil and diesel imports held the biggest share of Turkey'.s total oil imports in 2017 at 25.8 million tons and 13.5 million tons. respectively.
Read More »Japan Interested in Oil and Gas Projects of Azerbaijan and Kazakhstan
Japan would like to support the region with its advanced technologies.
Read More »Oil Climbs over 2 Percent. Shrugs off API`s U.S. Crude Build
Oil prices surged on Wednesday. shrugging off an unexpected build in U.S. crude stockpiles.
Read More »Lebanon Launches Search for First Oil & Gas Reserves despite Israeli Threats
Lebanon and Israel’s dispute runs over a triangular area of around 860 square kilometers (332 square miles) of waters.
Read More »Barkindo Denounce Under-Investment in Global Oil Industry
Every effort should be made to avoid a potential supply gap.
Read More »