Trump’s administration is pushing allies to cut imports of Iranian oil to zero.
Read More »Kuwait will Reach Agreement on Shared Oil Field Development with Iraq
Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.
Read More »Total Officially Quits Iran’s South Pars Project
CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.
Read More »Iraq’s Basra Oil. Chevron Sign MOU to Develop Oil Fields
The MOU provides for Chevron to conduct surveys and studies on oil sites.
Read More »Oil Minister to Attend JMMC Meeting in Algeria in September
The JMMC is chaired by Saudi Arabia and is due to meet next on Sept. 23 in Algeria.
Read More »Iran-Turkmenistan 2 Year Gas Dispute Goes to ICA
During the two-year time that the proceeding is going on. no gas will be exported to Iran from Turkmenistan.
Read More »Iran Accuses OPEC Non-OPEC Committee of Trying to Redistribute Crude Oil Output Quotas
Russia produced 11.22 million b d in July. basically erasing its 300.000 b d pledged cut.
Read More »Luaibi: Oil Prices Approaching Stability
Iraq'.s refining capacity now stood at around 670.000 barrels per day.
Read More »Iraq will Raise Output to 7.5M bpd by 2024
Iraq’s refining capacity now reached about 670.000 bpd.
Read More »India Plans to Establish LNG Import Terminal in Myanmar
India is working with Bangladesh in interconnecting gas grids and supplying diesel through pipelines.
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