Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The National Iranian Oil Company (NIOC) announced that it is due to offer 2 million barrels of crude oil in the international ring of the Iran Energy Exchange (IRENEX) on Tuesday.
Read More »Iran to Offer 2mln Barrels Crude on Energy Bourse
The Sliding Market Share of OPEC
OPEC nations are bearing the burden of the market-share loss unevenly.
Read More »Iran Is Content with Current Oil Price but more Export is Needed
Iran is content with the current oil price but the country under US sanctions wants to boost oil exports.
Read More »Iran`s Oil Minister Meets with OPEC President in Vienna
Iran had no problem with output cut. slamming ".unilateralism". as the biggest problem in the Organization.
Read More »Oil Prices Rise Ahead of OPEC Meeting
The two sides will discuss their oil policies at the meeting scheduled for July 1-2 in Vienna.
Read More »OPEC ‘Set to Roll over Supply Deal. Discuss Deeper Oil Curbs’
Algeria had floated an idea of deepening the cut by some 600.000 barrels per day.
Read More »Iran Increases Refining Capacity by %40 in 2 Years
Total operating capacity of Iran’s refineries had increased from 1.550.000 to 2.150.000 barrels per day (bpd) in the two-year period ending in May 2019.
Read More »OPEC Fixes July 1-2 as Date for Its Next Meeting
The current round of quotas went into force in January and ends on June 30.
Read More »Saudi Arabia. India’s Oil Ministers Discuss to Help Stabilize Oil Prices
High oil prices have been a pervasive concern for India.
Read More »Europe Required to Buy Iran’s Crude
Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.
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