During the first quarter of 2017. implementation of the Shah Deniz Stage 2 project continued successfully.
Read More »EIA: U.S. Crude Oil Inventories Drop Sharply as Imports Decline
The headline crude oil drawdown number is certainly supportive. but it could be something a shooting star.
Read More »Iraq Supports Extension of OPEC-Led Oil Output Cut for Further Six Months
Iraq is on board with extending the deal in the next OPEC meeting to help stabilize oil prices and balance the market.
Read More »US Company Seeks Cooperation with Iran in Oil Industry
US-based Pall Corporation seeks to cooperate with Iran in the oil sphere.
Read More »OPEC Wants `Collective Efforts` to Counter US Oil Output
OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.
Read More »Russia Boosts Urals Oil Flow to India as OPEC Cuts Production
India'.s main crude suppliers. Saudi Arabia and Iraq. cut exports to India this year due to production curbs.
Read More »French Co. Positive About Prospects in Iran
Iran has unique potential for turning into a major player in global oil and gas markets.
Read More »Iran Welcomes Outcome of French Presidential Poll
Macron is now the French President-elect winning 66% of the vote and defeating his rival Marine Le Pen.
Read More »Gazprom Export to Add Major New Gas Reserves. Eyes More Auctions
Gazprom exports met around 34 percent of European gas demand in 2016. a record high.
Read More »Iran Resumes Export of Electricity to Iraq
Export of Iran'.s electricity to Iraq is about 1500 megawatts.
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