There has been speculation that Russia may be unhappy with the production agreement. in part because its energy companies oppose it.
Read More »Ex-GECF Sec. Gen. Calls on Members to be Vigilant against US
The United States has gone to war with the right of nations to develop in recent years with a kind of monopoly-seeking and imposition of sanctions and is trying to prevent nations’ development via economic terrorism.
Read More »Petchem Exports from PETZONE Easier than Ever
Exports of petrochemicals from the special petrochemical economic zone were be facilitated by launching a new export corridor.
Read More »NIGC Saves $9 bn by Liquid Fuel Exports
The consuming gas domestically it would be worth 20 cents but by exporting it the country could make 50 cents which would be highly beneficial for the economy.
Read More »Offshore Section of S.P Phase 14 Complete by December
According to the Pars Oil and Gas Company (POGC). Mohammadi Mahdi Tavasollipour said the remaining two platforms of the phase would become operational in December.
Read More »CEO Satisfied with PGPIC Sales. Exports
The production and exports of Persian Gulf Petrochemical Industries Company (PGPIC) are satisfactory for the time being.
Read More »Oil Prices Slip despite Signs of Trade Hope
The Organization of the Petroleum Exporting Countries will meet on Dec. 5 and is expected to extend output cuts to the end of 2020.
Read More »Qatar Targets 64% Jump in Capacity by 2027
Qatar'.s plan for a 64 per cent increase in LNG capacity is likely to intensify a global glut in the fuel.
Read More »Higher Oil Price and Production Forecast in the US
Production is projected to rise by 30.000 barrels per day. according to the Energy Information Administration.
Read More »Oil Refinery in Egypt Lent $50m for Energy Efficiency Upgrades
The measures are expected to help reduce carbon emissions by around 289.000 tonnes.
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