The Iranian government has given Pertamina an early May deadline to seal a deal for developing Iran’s Mansouri oil field.
Read More »OPEC Raises Oil Demand Forecast amid Global Growth Uncertainty
OPEC’s own production was up slightly in April by about 12.000 barrels a day to 31.93 million bpd.
Read More »Novatek Plans New Arctic Transshipment Hub
The terminal will be a key logistics hub for the Yamal LNG project as well as future Arctic LNG production projects.
Read More »Russia will ‘Fight’ for German Pipeline Project despite U.S. Opposition
The pipeline is expected to transport upwards of 55 billion cubic meters of gas annually from Russia to Germany beginning in 2019.
Read More »Pergas Enters the Game As French Total Warns Leave Iran
British Pergas seems to do little business in the United States. which potentially boosts its freedom to operate in Tehran.
Read More »Oil Prices to Peak in Mid-2019
Higher oil prices are a key risk to the growth outlook.
Read More »The Iran Deal Dying. Made Europe and Iran Closer Than Ever
French energy giant Total this week announced it will pull out of a major gas project in Iran by this fall unless U.S. sanctions are waived.
Read More »German Firms Committed to Iranian Energy Ventures
Ardakanian held a meeting on Thursday with Altmaier during which the two sides explored ways of boosting bilateral ties in water and energy fields.
Read More »Novak to Retain Post in New Government
Russia’s Energy Minister Alexander Novak will retain his post in the new government.
Read More »EU Commissioner in Iran in Bid to Save Trade Ties
Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.
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