UAE remains optimistic about achieving a market balance during the first quarter of 2019.
Read More »Iraq Multi-Billion Deal With Exxon. PetroChina in Progress
The Southern Iraq Integrated Project would directly add 400.000 barrels per day of oil production.
Read More »Iran will Increase Gasoline Output to 100m Liters Per Day
Iran has planned to become self-sufficient in gasoline production since several years ago.
Read More »Venezuela to Promote Fair Oil Prices in OPEC by 2019
Venezuela continues its call to promote in OPEC fair prices in 2019.
Read More »Kuwait Promises Commitment to OPEC Cuts
The oil market is in a better place today than it was a few years ago.
Read More »Iran Ready to Support Iraq’s Reconstruction
Iran is ready for cooperation with Iraq in all fields.
Read More »Gazprom Expects 2018 LNG Exports to Europe. Turkey Reach 201 Bcm
Earlier this year Gazprom said exports could reach 205 Bcm in 2018.
Read More »Turkey Expects Extension of Waiver for Importing Oil from Iran’
The U.S. launched new sanctions on Iran’s petroleum sector on November 4.
Read More »The Marriage between Russia and OPEC is Off
Russia and Saudi Arabia were the world’s top two oil producers until this year.
Read More »Iran. Iraq Cooperation in Energy. Water. Sewage Treatment
Up to 4.000 megawatts per hour electricity is purchased from Iran.
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