Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The global agreement to limit production is making progress in re-balancing supply and demand for oil.
Read More »UAE. Kuwait Target June for Talks on Phasing Out Oil Cuts
Exit Strategy of Global Cuts to be Discussed before June
Under the current deal the producers are cutting supply by about 1.8 million barrels per day (bpd).
Read More »Iraq and Kuwait Near Agreement on Price for Gas Exports
Iraq hired Japan’s Toyo Engineering to help build the project.
Read More »Iraq Wants To Build Gas Pipeline to Kuwait in Blow to Shell
Iraq is furious at Shell and prospects don’t look that great for the Basra gas company.
Read More »The Qatar Blockade Could Cause a Regional Recession
Saudi Arabia is on course with a Saudization policy that aims to reduce its reliance on immigrant labor in the public and private sector.
Read More »OPEC Deal Extension May Be Unnecessary
The current reduction deal is sufficient to achieve the desired purpose.
Read More »Kuwait Expects to Seal New Deals to Supply Oil to Chinese Buyers
Kuwait also plans to start selling a new grade of crude called Kuwait Super Light from January.
Read More »Total to Sell Its Interest in Gina Krog Oil Field
Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.
Read More »Second Oil Spill Reported in Kuwait’s Ras Al-Zour Waters
Experts from Saudi Arabian Chevron and Oil Spill Response Limited have joined the effort to clean up after the leak.
Read More »Kuwait Says Oil Spill Strikes Its Waters in Persian Gulf
Tiny Kuwait. an OPEC member nation. has the world'.s six-largest estimated oil reserves.
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