Iran and Kuwait are taking steps to reach an understanding to develop Arash Gas Field in the Persian Gulf.
Read More »Iran Overtakes Saudi Arabia in Oil Export to South Korea
South Korea’s imports of crude oil from Iran doubled in January. the latest figures said.
Read More »Iran Sets High Priority for Joint Fields with Iraq. Qatar
. 60% of oil consignments go to Asia and the rest to oil terminals in Europe.
Read More »Iraq Plans to Acquire `Large Fleet` of Oil Tankers
Iraq is OPEC'.s second-largest producer. after Saudi Arabia.
Read More »Iraqi Oil Minister Plans to Rebuild Country`s Tanker Fleet
Iraqi Oil Minister plans to create an oil tanker fleet in order to help the country access global markets.
Read More »Dust Storms Damages Power Facilities in Khuzestan
Most of the sources of dust storms are in neighboring Iraq. Saudi Arabia and Syria.
Read More »Iran Takes Market Share from OPEC Rivals
Iran’s crude oil and condensate exports rose three percent month-on-month in January.
Read More »Platts: Tehran Taking Oil Market Share from Rivals
Iran'.s crude oil and condensate exports rose 3% month on month in January.
Read More »More Work Is Needed to Fulfill OPEC Deal
.OPEC’s agreement lasts for six months. with the goal of shrinking bloated oil inventories that are keeping a lid on prices
Read More »OPEC Oil Basket Price Up
.The price of OPEC basket of thirteen crudes stood at $53.92 a barrel on Feb.2
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