Norwegian firms are expanding their foothold in Iran'.s lucrative and untapped energy market gradually.
Read More »Iran Says no Need to Extend OPEC. Non-OPEC Pact If Crude Oil Prices Rise
The pact runs until the end of 2018.
Read More »Oil Market in the Process of Being Balanced
OPEC and non-OPEC producers are restraining production by a total 1.8 million barrels per day to prop up prices under a deal that is to expire at the end of 2018.
Read More »Iran Petrochem Output Hits 55m Tons
The nominal production capacity of petrochemical plants in Mahshahr amounts to 25.6 million tons.
Read More »Barkindo Says Oil Prices not Artificial
The organization had invited the US shale oil producers to take part in its seminar in June in Vienna.
Read More »HSBC Bank Progress Its Efforts to Stop Financing Fossil-Fuel Projects
The industry’s entanglement in fossil-fuel energy can be seen in the limitations of HSBC’s energy policy.
Read More »Total will not Give Up on Venezuela
Earlier this month. Chevron Corp said two of its executives had been arrested in Venezuela.
Read More »BP CEO Aims to Keep Carbon Emissions Flat into 2025
BP said it plans to keep net emissions from its operations stable between 2015 and 2025.
Read More »Iran Oil Exports Amounts to 2.5 mbpd
China and India are Iran'.s largest oil buyers.
Read More »India to Work with China against OPEC`s `Asian Premium`
Asian Premium is the extra charge being collected by OPEC countries from Asian countries when selling oil.
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