The experts attending the conference highlighted that Turkey and Iran are about to start significant energy cooperation.
Read More »Shale Oil in Focus as OPEC Extends Deal
US crude production set to touch 9.9m bpd this month. well above EIA forecasts.
Read More »Iran. Oman Ink Deal on Gas Export Project
Iran has for long been discussing with Oman to produce LNG in its Qalhat liquefaction plant.
Read More »Oil Prices Gain after OPEC Extension of Output Cut
Rising U.S. production helped fuel a slump in prices.
Read More »‘We’ll be on Our Toes to Respond to U.S. Shale’: Al-Falih
The group is ``extremely assured. optimistic`` for oil in the short and medium term. with investments flowing back sooner than later.
Read More »Vienna Is the Ultimate OPEC Smokescreen
Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.
Read More »Libya. Nigeria Agree To Cap at Less Than 2.8 Million Bpd Total
OPEC was discussing ‘soft targets’ of around 1.8 million bpd for Nigeria and 1 million bpd for Libya.
Read More »OPEC Deal Calls on Libya. Nigeria to Produce below 2.8 mil b d Combined
Nigeria would support an output cap for itself at 1.8 million b d and would continue to be responsible with its production.
Read More »OPEC+ Discusses Extending Oil Production Limits Deal by 6. 9 Months
".Whatever the agreement will be. we will support it.". the minister said.
Read More »Oil Minister leaves Tehran for Vienna to attend OPEC meeting
OPEC members will discuss extension of the body'.s production cut plan to curb the global oil glut and rebalance the market.
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