Global benchmark Brent crude had risen 50 cents to $54.67 a barrel.
Read More »OPEC Basket Down in Price
Oil prices are rising on April 7.
Read More »Iran Wants about $10b for Offshore Fields Investment
A major new oil gas discovery. similar to the giant South Pars Gas Field. is unlikely to take place.
Read More »Iran `Not Concerned` by Indian Threat to Cut Oil Imports
India is one of our good costumers. but we cannot sign (a) contract under threat.
Read More »Oil Prices Steady
Libya'.s gain means oil market pain.
Read More »Russia`s Rosneft Hopes Iran Rulings Can Help It Beat EU Sanctions
Rosneft is hoping to benefit from a similar attitude to sanctions imposed over Ukraine.
Read More »NIDC Expanding Oil. Gas Drilling
NIDC has 75 drilling rigs. 68 of which are being used in the joint oilfields. namely South Azadegan.
Read More »Iran’s Crude. Gas Condensates’ Export Surpasses 3mn Last Month
The share of crude is 2.265 million barrels per day and the remaining is related to gas condensates.
Read More »Is Extending OPEC Cuts a Done Deal?
Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.
Read More »Qatar to Boost Gas Production from Underwater Field
Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.
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