Texas shale producers forced OPEC this morning to extend its oil production cuts for nine months.
Read More »Algeria Suggest Creation of Committee to Monitor Market
Several countries. notably Russia and Saudi Arabia. saw the Algerian proposal as a good suggestion and found it interesting.
Read More »NPC Sets Output. Export Plan
Iran aims to attract $72 billion in foreign investment for 80 petrochemical projects.
Read More »Iran Could Be Important Contributor to European Gas Supply Diversification Efforts
Iran has 33.5 trillion cubic meters of proven gas reserves - the second largest in the world after Russia.
Read More »NIGC Seeks Increased Share of Global Gas Market
Our production level. standing at 850 million cubic meters per day. is not proportional to our exports.
Read More »First European-Built LNG Bunker and Distribution Vessel Named
Bunkering LNG ship-to-ship increases the accessibility of this marine fuel for our customers.
Read More »Min: Iran Supports OPEC Oil Cut Extension
OPEC members are preparing to hold meeting on May 25 to discuss the market and oil cut deal in Vienna.
Read More »Iran Thinks over Tender for Mini LNG Plants
Almost 70% of Iran’s petrochemical machinery is manufactured by Linde and Siemens.
Read More »Trump`s Proposal to Sell Half of US Reserves Threatens Another Oil Glut
Trump’s first complete budget proposal. released in part on Monday. would raise $500 million in fiscal year 2018.
Read More »Saudi Oil Minister Visits Iraq to Discuss Extension to Output Cuts
Saudi Arabia is pushing to extend the cuts by a further nine months until next March.
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