Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Russia has criticized US sanctions.
Read More »Russia Promises to Launch Nord Stream 2 Gas Pipeline by the End of 2020
Saudi Arabia on Its Way to Doubling Natural Gas Production by 2030
The new project will send gas via a 200-km pipeline to Russia and produce 6.2 million tons of LNG a year.
Read More »OPEC+ may Consider Ending Production Cuts in 2020
Russia agreed to expand its 228.000 bpd in cuts by an additional 70.000 bpd for a total of about 300.000 bpd.
Read More »OPEC+ Cuts can’t Last Forever
OPEC+ will meet in early March to discuss options for future cooperation on supply.
Read More »Iran. Oman Ink Coop. Agreement in Shipping. Maritime Field
The Director General of Ports and Maritime Organization revealed the signing and sealing of a cooperation agreement between Iran and Oman in the field of cargo and passenger maritime transport with low tariff rates.
Read More »Oil Analysts See Few 2020 Fireworks as OPEC+ Cuts Trim Surplus
Oil prices are likely to remain in check during 2020 as OPEC+ production cuts are offset by higher output from other countries and a mixed outlook for demand. according to analysts.
Read More »OPEC+ Deal Contributed Over $100Bln to Russian Budget over Past 3 Years
The OPEC+ decision to increase the reduction of oil output in the first quarter of 2020 was not linked to the Saudi Aramco IPO.
Read More »Germany Keeps Its Cool over U.S. Sanctions on Nord Stream 2
With around 160 kilometers left. the pipeline is designed to transport natural gas from Russia to Germany through the Baltic Sea.
Read More »Saudi Arabia. Kuwait Sign Deal to Resume Joint Oil Output
The deal could take as much as a year to bring the field back to full capacity.
Read More »Iran’s Non-Oil Exports Rising Despite US Sanctions
Iran success in exporting non-oil exports despite banking restrictions imposed by the US is astonishing.
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