Iran started swapping oil with Iraq’s Kirkuk on June 3.
Read More »Iran and Iraq will Participate in Meeting of OPEC+ Monitoring Committee
The parties will discuss possible increase of oil production.
Read More »OPEC Nears Compromise on Oil Output Deal Ahead of Key Vienna Meeting
Most of the shortfall has come from Venezuela. where an economic crisis has savaged the nation’s petroleum production.
Read More »Russia will Develop Two Joint Fields between Iran.Iraq
Iran is negotiating with Russia’s Gazprom Company for the development of Azar and Changooleh oilfields shared between Iran and Iraq.
Read More »With OPEC Meeting. Where Are Oil Prices Headed?
OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.
Read More »Azerbaijan Wants to Send Gas to Europe as Turkey Launches TANAP
Around 80% of the pipes used in the project were purchased from Turkish suppliers. while 20% were imported from China.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »Erdogan to Inaugurate TANAP Pipeline in Central Turkey
Opening ceremony for Trans Anatolian Natural Gas Pipeline project to be held in Eskisehir province on June.
Read More »SOMO Raises Asia-Bound Jul Crude OSPs by 40-70 cents b from Jun
Europe-bound Kirkuk crude was lowered by 50 cents b to a discount of $3.90 b to Dated Brent.
Read More »First Iraq-Flagged Oil Tanker in Three Decades Leaves Port Bound for US
Iraq'.s plan is to increase export capacity to 6.5 million bpd by 2022.
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