Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The reductions will be on the same terms as those agreed in November.
Read More »Iran Will Have to Take Bigger Share of OPEC Cuts
Total Ready for Price War as It Enters French Retail Power Market
Total planned to increase its electricity production capacity in France.
Read More »Who Is Winning the Market Share War In China?
The market share that Saudi Arabia has lost in China is a result of the Kingdom’s current policy to try to boost oil prices.
Read More »Asia`s Iran Oil Imports Reach Five-Month High
The country is aiming to raise oil output to around 4 million bpd by the end of the year and 4.5 million bpd within five years from around 3.8 million bpd in recent months.
Read More »Saudis Pay the Price for OPEC Leadership
The OPEC leader has lost ground to rivals selling in some of its key Asian export markets. most particularly China and India.
Read More »Aramco IPO Could End OPEC Status Quo
In the meantime. the Saudis have lost some of their market share. both to Russia and Iraq.
Read More »Oil Min: OPEC`s Pact Compliance `Acceptable`. Some Changes Needed
OPEC members Libya and Nigeria have been exempted from supply curbs as their oil industries recover from years of unrest.
Read More »France`s Total Sells Its Italian Gas Business to UGI
The sale is part of a move by the company to sells its assets in the Italian downstream retail market.
Read More »Oil Min: Iran Will Not Accept New Crude Cuts
Tehran has envisioned $130 billion in investment to develop its oil and natural gas fields.
Read More »Iran Looks to Ramp Up Production
Iran plans to increase its condensate production to reach 864.000 bpd within five years.
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