Iraq’s proven oil reserves stand at over 145 billion barrels. while gas reserves exceed 3.7 trillion cubic meters.
Read More »Iran Supports Unanimous OPEC Output Cut Plan
Iran could support deeper cuts in crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) if a majority of the members agreed with it.
Read More »Total Buys 50% Stake in Adani’s Solar Business for $510m
The solar portfolio has a total operating capacity of 2GW which is spread across 11 states in India.
Read More »Algeria Looks to Resume Its Dominance in the Natural Gas Market
Edison owns an 11% stake in the Reggane Nord gas project and had recently renewed a supply contract running through to 2027.
Read More »Iran will Launch Major APG Processing Plant
Iran’s gas exports to Iraq continued uninterrupted.
Read More »Oil Climbs on Hopes for Output Cuts to Offset China Virus Impact
Producers are weighing further output cuts and moving a planned policy meeting to February rather than March.
Read More »Iran EXPO 2019 Kicks Off in Tehran
Iran EXPO is an international trade event that aims to help companies export their products.
Read More »FDI at 50% Growth in 10 Months
Foreign Direct Investment (FDI) in the country registered a 50 percent growth in the 10 months of the current Iranian calendar year.
Read More »Iran Boosts Darkhovin Oil Output
The production capacity of Darkhovin Oilfield had increased by 20.000 b d over the course of the past 12 months.
Read More »Chinese Stocks Sink 8% in Worst Rout Since 2015 Bubble Burst
A gauge of the nation’s stocks plunged almost 8%. commodity futures from iron ore to crude sank by the daily limit. and the yuan weakened past a key level against the dollar.
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