Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Economists and investment bankers believe a 10% increase in oil price could raise inflation by 0.2-0.3%.
Read More »US Decision on Iran may Trump Government Math. Pinch Fuel Consumers
US Exit from Iran Deal may Affect Korea`s Oil Imports
Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.
Read More »Arab Economies. Winners of U.S. Exit of Iran Deal
The U.S. move threatens Iran with lower export income and less access to hard currency.
Read More »U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
Read More »Cyprus Says Gas Dispute with Israel is in ‘No One’s Interest’
The Aphrodite discovery in Cyprus’ Block 12 was made in late 2011.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Glencore Cancels Proposed Sale of Stake in Russian Oil Co.
Glencore and QIA have now agreed to dissolve their partnership.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Qatar Takes a 19 Percent Stake in Rosneft
Rosneft was hit hard by U.S. sanctions on Russia over Moscow’s annexation of Crimea and incursion in east Ukraine.
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