The group unveiled a new set of supply curbs just over a month ago.
Read More »Yadavaran Output Capacity Set to Grow
Touraj Dehqani. CEO of Petroleum Engineering and Development Company (PEDEC). has said the company plans to increase production from the Yadavaran oil field.
Read More »Oil Figures in Iran’s Contemporary History
Iran’s oil history has been into ups and downs. It would not be exaggeration if we say that we have had several hundred years of history throughout one hundred years of oil operation.
Read More »Russia Ready to Hasten OPEC+ Meeting on Coronavirus Outbreak
OPEC wants to extend current oil output cuts until at least June from March.
Read More »China Virus Rattles Oil Markets
Major multinationals are closing operations in China.
Read More »OPEC Considering Moving March 5 Meeting Forward Due to Coronavirus Impact
OPEC and 10 allies agreed in December to implement 1.7 million b d of production cuts for the first three months of 2020.
Read More »OPEC may Meet Early as Coronavirus Impacts Oil Prices
OPEC members are considering holding an emergency meeting next month. as oil prices sink on concern the coronavirus outbreak will hit demand.
Read More »London’s Remain Voters Confront Brexit Reality
It’s been more than three years since a slim majority of Brits — 51.9% — voted to leave the EU. For those that wanted it. Friday. January 31— dubbed Brexit Day as the UK finally leaves the EU — will be a day of celebration.
Read More »Home-Made Simorgh Satellite Carrier Deployed in Launch Site
The domestically-manufactured Simorgh satellite carrier was deployed at the launch site and will take Zafar satellite up to 530km above the earth.
Read More »Scotland Awards £170k to Use AI Tech to Tackle Climate Crisis
Projects include using AI to develop more efficient food supply chains and an AI-based thermal imaging service to help reduce greenhouse gas emissions from households.
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