The upcoming sanctions on Iran provide a golden opportunity to commercialize more U.S. oil in the Indian market.
Read More »Iraq Fails to Convince Iran to Resume Power Imports
Iraq has been importing electricity from Iran for many years after their power infrastructure was destroyed by decades of war and blockade.
Read More »Venezuela Evaluates Plans to Raise Oil Production
Anticorruption probes advanced by the Public Ministry caused that 90 executives of Pdvsa were arrested over the last 11 months.
Read More »Gas Supplies to Europe to Grow by 10-15% in Next 5-10 Years
The Ukrainian gas transportation system will be loaded in the next 5-10 years.
Read More »Venezuela Discuss It Plans to Raise Oil Production
Venezuela’s crude oil production dropped in June by 47.500 bpd from May. to average 1.340 million bpd last month.
Read More »Egypt Adds 15th Developmental Well to Noroos Gas Field
The Nile Delta has been producing gas for five decades.
Read More »Iraqi Protests Hampers Oil Production
Basra is home to Iraq’s biggest oil fields. and their exports make up more than 95 percent of the country’s state revenue.
Read More »Iran Denounce Saudi Arabia for Pumping `Above Target`
Last month. members of OPEC agreed to pump an additional 1 million barrels of crude daily.
Read More »Russia and Ukraine in Talks to Minimize `Gas Wars`
Kiev fears the loss of revenue from transit taxes. on top of being bypassed politically as well as physically by new gas pipes.
Read More »Saudis Offer Extra Oil in Asia as OPEC Leader Pumps More
Saudi Arabia’s compliance with OPEC’s output-cut deal fell to 26 percent in June.
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