Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
In China'.s case. the Iranian crude oil is essential.
Read More »US Sanctions Iran. International Trade Suffers
Kuwait will Rise Oil Output by 85.000 bpd
OPEC agreed with Russia and other oil-producing allies this month to raise output from July by about 1 million bpd.
Read More »Iran Asks OPEC Members to Abstain from Unilateral Actions
Iran had been pushing hard for oil producers to hold output steady as U.S. sanctions are expected to hit its exports.
Read More »Russia Can Raise Output above 200.000 b d
Russia reduced its crude production by 300.000 b d from October 2016.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »Nord Stream 2 Improve European Energy Security
The construction of the Nord Stream 2 gas pipeline will improve the European energy security.
Read More »Oil Min: Decision on Iran Imports to be Based on India’s Interests
The US has told all countries. including India and China. to stop their oil imports from Iran by November 4 or face sanctions.
Read More »India OMCs. OVL’s Farzad-B to take hit
The sanctions are to be operational in November sans any exemptions.
Read More »Saudi Arabia Is Planning to Pump More Oil in July
State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day.
Read More »US Wants India and Allies to Stop Importing Crude Oil from Iran by November 4
A State Department official said the US will not be granting waivers under the new sanctions regime.
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