Iran needs foreign investment for repairs and upgrading of its oil and gas fields.
Read More »Volkswagen Working on Gas-Powered Vehicles for Iran
As a cleaner alternative to gasoline and diesel fuel. CNG reduces tailpipe emissions and fuel consumption.
Read More »Georgian Ministry Talks Purchase of Iranian Gas
Azerbaijan has been the main exporter of gas to Georgia for many years.
Read More »Russia Fostering LNG as Fuel for Oil Tankers
Since 2014. the spot price of LNG has dropped by two-thirds to $5.4 per million British thermal units as supply swelled.
Read More »Saudi Arabia. Russia to Meet to Discuss Extending Oil Cuts
A number of major Middle East crude producers countries reached an initial agreement last week to extend output cuts beyond their June expiry.
Read More »OPEC. Non-OPEC to Be Under Pressure to Extend Output Deal
Extension of the OPEC deal in May is quite likely. because OPEC and non-OPEC partners will be under pressure to extend it.
Read More »Iran Becomes No.2 Oil Supplier to South Korea in First Quarter
Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.
Read More »Schlumberger Revenues Grow
For the first quarter this year. Schlumberger posted earnings per share of $0.25. in line with the Zacks Consensus Estimate.
Read More »Oil Resumes Rally as OPEC Seen Extending Cuts. Dollar Declines
The Bloomberg Dollar Spot Index lost 0.4 percent.
Read More »China Exports Record Diesel Volumes
China became a net exporter of fuel products in late 2016.
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