Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The current market conditions are not favorable for the US.
Read More »Washington can`t Replace Russian Gas with American LNG
OPEC and Allies Consider Oil Output Boost
OPEC and its non-OPEC allies will gather in Algeria over the weekend to review compliance with existing cuts.
Read More »Cyprus-Egypt Pipeline Deal could Ease LNG Gas Exports to EU
Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.
Read More »OPEC and Allies Struggle to Pump more Oil as Iran Supply Falls
Saudi Arabia has made the mistake of trying to compensate for the loss of Iranian supplies with just-in-time replacement.
Read More »Iran won’t Let OPEC Boost Production
In the near-term. the US seems to be counting on Saudi Arabia and Russia. along with American shale drillers. to offset the losses from Iran.
Read More »U.S. energy secretary tells Russia not to use energy as weapon
The Trump administration welcomes competition with Russia. but Moscow can no longer use energy as economic weapon.
Read More »U.S. Sanctions on Iran will Disable Iraq
For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.
Read More »Azerbaijan will Participate in Meeting of Ministers of OPEC+ States
At the last OPEC meeting in Vienna. the agreement was extended again until the end of 2018.
Read More »Russian Oil Output Jump to a New Record before OPEC Talks
Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+.
Read More »US Can`t Pursue New Treaty With Iran After Violating Nuclear Deal
In May.Trump announced his country'.s decision to leave the Iran nuclear agreement and reimpose sanctions against Tehran.
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