Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
In 2015. PDVSA sought to sell Citgo but was unable to find a buyer.
Read More »Citgo is Key Link between US and Venezuela
Total May Have to Rethink Iran Gas Deal due to Trump
Iran and the Group 5+1 reached the 159-page nuclear agreement in July 2015 and implemented it in January 2016.
Read More »Oil Tycoons Make Billions in Saudi Purge
Other analysts say the actions by MBS could undercut one of his own top priorities.
Read More »Saudi Arabia`s `Game of Thrones` and Big Implications for Oil
Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.
Read More »OPEC vs. U.S. Shale: The Battle for Asian Market Share
In fact. the threat to OPEC from U.S. shale oil just got more serious as it became clear that the cartel and its partners are planning to extend their own agreement until the end of 2018.
Read More »New US Sanctions to Bar Americans from Arctic Offshore Oil Projects with Russia
The latest set of restrictions is being imposed over the conflict in Ukraine.
Read More »The Rise of the Petroyuan
A more significant development was Russia agreeing to some yuan-based oil trade in 2015. also the result of U.S. sanctions.
Read More »Saudis Set $500 Billion Plan to Develop Zone Linked with Jordan and Egypt
Saudi Arabia will need huge financial and technical resources to build NEOM on the scale it envisages.
Read More »Iraq Plans to Build New Refinery in Seized Kirkuk
Al-Luaibi said all the oil fields in the province are back under government control.
Read More »Russia Prepared for $40 Oil
Oil prices have fluctuated this year. falling below $45 a barrel and going above $59.
Read More »