Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
U.S. President decision to quit a multinational nuclear deal would not affect Tehran’s oil exports if the EU could salvage the pact.
Read More »Iran`s Oil Export Drop not Expected if EU Saves Nuclear Deal
Azerbaijan Invites US Companies to Invest in Non-Oil Sector
The US is ready to work closely with the countries of the region in this direction.
Read More »Yuan Oil Contracts to Strengthen China`s Currency Status
The share of yuan-backed crude oil contracts has soared to 12 percent of global trading since the US withdrawal from the Iran nuclear deal.
Read More »Vitol. Glencore. Shell Eye Petrobras’ Nigerian Assets
The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras that owns stakes in two major Nigerian offshore oil blocks.
Read More »BP chief Sees Shale. OPEC Cooling Oil Markets
The surge in U.S. output has been offset by deep supply cuts for over a year by OPEC and other producers including Russia.
Read More »Putin Seeks Common Cause with Merkel over Trump
The volume of transit would have to be ".commercially viable". for Ukraine.
Read More »S. Korea to Increase Incentives for Wind Farms
South Korea has been seeking to shift its focus from coal and nuclear energy to renewable energy to cope with worsening air pollution .
Read More »Saudi Arabia. UAE. Russia to Discuss Oil Supplies Following US Withdrawal from JCPOA
St. Petersburg International Economic Forum will be held on May 24-26. 2018.
Read More »Europe has Nothing to Fear from Increased Russian Gas Market Share
The rising Russian share of the European gas market should not be a cause of concern for Europe.
Read More »UAE Energy Minister Plays Down Impact of US Withdrawal from Iran Deal on OPEC
The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.
Read More »