Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The deal was announced after Novak held bilateral meetings with several counterparts.
Read More »Prices Surge as OPEC Reaches Agreement
OPEC Countries Agree to Cut Production
The measure. which was spearheaded by Russia. will come into effect on January 1.
Read More »Iraq might be the Next OPEC Member to Exit
Last month. Iraq’s oil exports dropped to their lowest level in seven months due to bad weather at its southern ports.
Read More »Oil will Fall To $40 If OPEC Fails to Reach Deal
Iran will not take part in any cuts while there are U.S. sanctions on its oil.
Read More »OPEC+ to Continue Talks on 2019 Oil Production
Russia would eventually agree to cut its oil production.
Read More »Oman Oil Minister Expects Retaliation for Qatar`s OPEC Withdrawal
Qatar announced on Monday that it plans to withdraw from the oil producing group.
Read More »CNPC Replaces France`s Total in South Pars Gas Project
CNPC already holds a 30 percent stake in the giant field.
Read More »Low Oil Prices Will Hurt US Shale
Thanks to shale. US oil production surged to a record level of 11.6 million barrels per day earlier this month.
Read More »OPEC. Allies will Address Oil Price Slump at Vienna Meeting
OPEC and 10 non-OPEC partners. led by Russia. will meet December 6-7 to decide on output policy.
Read More »Iraq to Pay for Imported Iranian Gas in Euros
Iran began gas exports to Baghdad in June 2017.
Read More »