Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The decision to keep cutting or start ramping up needs to be unanimous.
Read More »Overcompliance of OPEC Members Has Created a Problem
OPEC and Russia Change Tack with Plan to Open Oil Floodgates
Now Russia and Saudi Arabia are discussing opening the taps by an extra million barrels per day.
Read More »Barkindo to be Honored as ‘Africa Oil Man of the Year’
Barkindo took over as Secretary General of OPEC in August 2016.
Read More »Oil Market Strengthen as Trump Threatens Iran Deal Exit
Iran appears to be ramping up its oil exports ahead of the likely sanctions.
Read More »Iran Says Oil Exports to India Are Not Dropping
Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.
Read More »India Expands Cooperation with Saudi Aramco in Planned Mega Refinery
Saudi Aramco. the world’s biggest oil producer. is moving to invest in refineries overseas to help lock in demand for its crude.
Read More »Gas War with Ukraine at the Expense of the Population
Europe is worried about the fate of the transit contract.
Read More »Crude Battle is Much More Than OPEC vs U.S. Shale
The risk for OPEC and its allies is that this sort of market share is hard to recover once the self-imposed production cuts are lifted.
Read More »US Crude Exports Becoming Significant Presence in Global Oil
The US cannot become completely independent of foreign oil.
Read More »China Manages to Become Major Global Specialty Gas Supplier
China'.s integrated circuit manufacturing industry was heavily dependent on imports abroad.
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