In its monthly forecast. the agency cut its oil demand growth estimate for 2017 by 40.000 bpd to 1.31 million bpd.
Read More »Iran Could Replace Ceyhan for Kirkuk Oil
According to Oil Minister Bijan Namdar Zanganeh. negotiations are underway with Iraq to develop three joint oilfields.
Read More »Aramco Board Targeted In Anti-Corruption Crackdown
The Vision 2030 program’s success hinges on Aramco’s IPO. scheduled for the second half of 2018.
Read More »Kurdistan Ready to Hand Over Oil For 17% Of Iraqi Budget
Since the Iraqi army took control of the fields in the oil-rich Kirkuk area in mid-October. reports of disruptions in oil flows have been a daily occurrence.
Read More »Japan to Help Reduce Water Loss in Isfahan
In developing countries. roughly 45 million cubic meters of water are lost daily with an economic value of over $3 billion per year.
Read More »Surge in Car Ownership to Drive Oil Demand Growth – OPEC
OPEC noted that advances in internal combustion engines has also made them more efficient.
Read More »OPEC Seeking to Reach Consensus on Output Cut Extension
OPEC is seeking to achieve consensus agreement before a meeting on Nov. 30 about extending a global pact to curb oil production.
Read More »Pakistan to Get $1.1 b to Import Crude Oil. LNG
Pakistan will get $1.100 million ($1.1 billion) to help finance crude oil imports and LNG. mainly by Pakistan State Oil in coming days.
Read More »Putin’s Masterstroke of Energy Diplomacy
Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.
Read More »Trump’s Approach Undermines Viability of Diplomacy
Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.
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