The ministerial meeting will be preceded by a meeting of a technical committee involving all OPEC and non-OPEC members currently participating in the oil output cutting deal.
Read More »Iran’s PSEZ `a Top Destination for Petchem Investment`
Development of petrochemical plants is one of the key issues on the Rouhani administration'.s agenda.
Read More »Iran Expects Sharp Increase in Gas Output. Exports
France'.s Total signed a deal earlier this month to help Iran increase gas output from the giant South Pars gas field. which the country shares with Qatar.
Read More »Tillerson Gets an Oil Industry Award. Says He Misses His Former Colleagues
The former ExxonMobil chief expressed his gratitude and said he misses the oil industry.
Read More »India to Import Crude Oil from US for First Time
A second Indian refiner Bharat Petroleum Corp Ltd also planned to buy its first ever US crude oil cargo and has issued a purchase tender.
Read More »Turkey to Stay Part of All Ongoing Pipeline Projects to Diversify Supply
Turkey will continue to be a part of all pipeline projects to diversify resources.
Read More »Kazakhstan Wants Gradual Exit from Oil Output Cut Deal
Kazakhstan wants a gradual exit from an OPEC-led deal on oil production curbs and a rise in output one or two months after its expiry.
Read More »Aramco Eyes Larger Slice of Chemicals Market
Annual report gives little away on IPO. but offers hints about downstream plans.
Read More »Total Deal Opens New Chapter in Iran Energy Diplomacy
Iran’s annual petrochemical production capacity stands at 62 million tons and by the end of this year.
Read More »Iraq Drills First Well in Huwaiza Oil Field Near Iranian Border
OPEC'.s second largest producer. after Saudi Arabia. Iraq seeks to boost its production capacity to 5 million barrels per day by the end of the year.
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