India’s economic development is likely to have a considerable impact on future international energy markets.
Read More »China Decides to Build First LNG Power Plant
The plant is expected to cost some US$400 million.
Read More »Iran Says Oil Deal with Europe is Close despite U.S. Sanctions
The Islamic Republic is close to a deal with Europe over oil sales.
Read More »Saudi Crown Prince will Discuss Neutral Zone Oil Output during Kuwait Trip
Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.
Read More »Saudi Arabia Plans 10% Increase in Spending to Spur Economic Growth
Despite efforts to expand the economy. growth will remain under 2.5 percent during the next three years.
Read More »Iran Sanctions could Send Oil Prices to $100 per Barrel
Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.
Read More »IRGC Ready to Conduct Cloud Seeding in Iran
A meeting will be soon held with IRGC commanders to take the necessary measures to that end.
Read More »Iraq Begins Producing Gas from Nasiriya Oilfield
Iraq has continued to flare some of the gas extracted alongside crude oil at its fields because of lacks of facility.
Read More »Russia’s September Oil Production Set for Post-Soviet Record High
Russia can bring ``a couple of hundred thousand barrels`` in the short term.
Read More »India will Continue to Buy Iran`s Oil
India. Iran’s second-biggest oil client behind China. has already reduced its intake of Iranian oil.
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