Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
One major sticking point was how to create a functioning market in carbon credits.
Read More »Climate Summit Key Decisions Postponed for Another Year
Brent Crude Slip on Global Economy Worries. U.S. Oil Prices Steady
The U.S. Federal Open Market Committee (FOMC) is set to start a two-day meeting on Tuesday.
Read More »Rise of Petroyuan
China is now the world'.s largest oil importer.
Read More »Saudi Arabia Plans to Slash Crude Exports to US
Saudi total exports are set to drop to around 7mn bpd in January.
Read More »Impossible to Resolve Europe’s Energy Issues without Russia
TurkStream’s first line is intended for the Turkish market and the second is meant to supply gas to southern and southeastern European countries.
Read More »OPEC+ Has Curbed Prices
The U.S. has been rapidly cutting into its own net import dependence on crude.
Read More »Saudi Aramco Signs Agreement with Raytheon to Establish Cybersecurity JV
The JV will help increase the cybersecurity protections available to the Saudi oil major besides its suppliers.
Read More »US pressure more on Iran`s oil products rather than crude oil
The current trend in the market indicates that the OPEC'.s positive move on cutting the oil output was accepted.". the minister said.
Read More »Currency Swap Underway with Several Countries
Hemmati announced on Tuesday that the country has launched mutual financial channels with a number of world states for money transactions to confront the US sanctions.
Read More »UAE. the New Swing Producer in the Middle East
The UAE pumped 3.175 million bpd in October and boosted further its output in November by 71.000 bpd to 3.246 million bpd.
Read More »