Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The 24-member OPEC and non-OPEC alliance decided last year to cut production by 1.2 million barrels per day (bpd) from January 2019.
Read More »Saudi Arabia Raps Oil Producers over Flouting of Output Cuts
US is Close to Overtake Saudi Arabia as the World`s Top Oil Exporter
Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.
Read More »Iran`s Forex Market Stable Despite Washington’s Maximum Pressures
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that Iran’s foreign currencies market is stable in spite of the United States'. continued maximum pressure campaign.
Read More »Novak Confident New Saudi Counterpart Will Boost Bilateral Ties
Russia highly appreciated the existing dialogue between Moscow and Riyadh and was committed to continuing to develop bilateral cooperation.
Read More »Maximeyes Buys Significant Stake in UK Battery Storage Company
PureDrive Energy is developing a software aimed at unlocking greater revenue for home batteries by using machine learning to predict household load and generation.
Read More »Utilita Energy to Take on Customers of Failed Supplier Eversmart Energy
The latter company was the fifth supplier to cease trading this year.
Read More »OPEC+ will Discuss Deeper Oil Cuts on Thursday
The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
Read More »OPEC Cuts 2020 Oil Demand Forecast
The demand for OPEC crude will average 29.40 million barrels per day next year.
Read More »Russia Constructs Second Gas Pipeline to China
Spot gas prices in the EU have more than halved. falling from $250 per thousand cubic meters last autumn to $110-120 in summer 2019.
Read More »Iraq will Continue Gas Imports from Iran Regardless of US Sanctions
Iran’s current supplies of gas to Iraq are enough to generate around 22 terawatt hours (TWh) of electricity.
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