Sixteen companies. including five majors. have submitted 60 applications for the five acreages on offer in Ghana’s first licencing round.
Read More »Oil Market Probably to Rebalance Early 2019
Producers are ready to renew the agreement or increase cuts in case the market does not balance.
Read More »Iran`s Non-Oil Exports Soar by 13%
Iran’s non-oil export has been registering rising numbers in the current Iranian year.
Read More »Iran Plans 3 Million Barrels of Oil Sale to Private Exporters
Private companies can only buy crude oil for exports.
Read More »Iran Stresses Europe`s Practical Approach towards JCPOA
Romania will chair the European Union during the first half of 2019.
Read More »Iran. Afghanistan. India Sign MoU for Chabahar Port Agreement
The second meeting of the committee will be hosted by India in the first half of 2019.
Read More »Iraq. Kuwait to Study the Development of Shared Oil Fields
For years. Iraq and Kuwait have been discussing ways to develop and share the cross-border oil fields.
Read More »Novak Expects Oil Market to Stabilize by Summer
The demand will traditionally grow during the summer.
Read More »Russia Earned Additional $120Bln of OPEC-non-OPEC Deal
It is difficult to predict how long the OPEC-non-OPEC agreement would remain in place.
Read More »Iran Opens Technological Achievement Exhibitions
9.000 knowledge-based products made in Iran will be provided in the sixth exhibition of laboratory equipment and materials.
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