Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The field produces about 290.000 barrels per day (bbl d). accounting for a quarter of Libya’s oil production.
Read More »Libya Restarts Production at El Sharara Oil Field
Iran Capable of Exporting $25b of Technical. Engineering Services’
Iran is conducting technical and engineering projects in CIS countries and Iraq.
Read More »Adnoc Buys Stake in Global Oil Storage Operator
In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.
Read More »China Considers Lifting Import Tariff Quota Control on Three Oil Products
Pressure has mounted on China to develop soybean importing channels after its trade relations soured with the US.
Read More »BP will Enter India`s Fuel Retail Market with Reliance Tie-up
In 2011 BP acquired a 30 per cent stake from Reliance in some of its exploration blocks.
Read More »Tajikistan Eyes Accessing Open Waters through Iran
Iran has provided much assistance to Tajikistan in this regard. including the Tajikistan Independence Tunnel Project.
Read More »Oil Prices Drop as US-China Tension Fuels Growth Concerns
The trade war has been hitting economic growth. which tends to reduce demand for commodities such as oil.
Read More »BP`s Tankers Avoid Strait of Hormuz
The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »Iran will Reduce Nuclear Deal Commitments more unless Europe Protects It
Iran has said it will reduce its commitment to the nuclear accord in stages and may even withdrew from the pact.
Read More »Oil Prices Rise ahead of Expected US Interest Rate Cut
Economic growth in the US slowed less than expected in the second quarter.
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