Exploration and production firms are still adding drilling rigs at an average of almost 10 per week.
Read More »UK Needs to Preserve Iran Nuclear Deal
The US president has taken positions that are unconstructive and could even escalate conflict.
Read More »Saudi Arabia May Cut June Light Crude Prices to Nine-Month Low
Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.
Read More »Iran Gets Positive Output Cut Signals from OPEC. Non-OPEC States
Tehran agreed to curb its nuclear programme in exchange for lifting of most international sanctions imposed on the country.
Read More »Iran to Pursue US Lack of Commitment Toward JCPOA
US President Donald Trump is an outspoken critic of the agreement negotiated by his predecessor Barack Obama.
Read More »Zangeneh: Minimum Risk of New Sanctions
Increasing petrochemical production and exports is just part of our ambitious goals.
Read More »Missile Tests Not Linked to UN Resolution on JCPOA
Iran expects the full and balanced implementation of it [JCPOA] by all sides in a constructive atmosphere.
Read More »Analysts Say Russia will Continue Participating in OPEC Oil Cut Deal
Russia will continue participating in the OPEC deal on oil production limiting despite dissatisfaction with the current prices level.
Read More »Senior Official Warns of US Plot to Disable Iran`s Power Grid
The US has developed a plan named Nitro Zeus with Iran'.s power infrastructures as a target for cyberattack.
Read More »BP Authorized to Operate Rhum Gas Field with Iran
BP currently intends to continue to hold its ownership stake in the Rhum joint arrangement and act as operator.
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