Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.
Read More »Iraqi Pipeline to Send 1M bpd of Oil to Turkey
OPEC’s Most Unpredictable Member
In just one month. Iraq turned from cheater to complainer. after clashes in Kurdistan added some geopolitical risk premium to oil prices.
Read More »Iraq and Kuwait Near Agreement on Price for Gas Exports
Iraq hired Japan’s Toyo Engineering to help build the project.
Read More »Russia Slams US. EU Sanctions on Oil Exporting Nations
Russia'.s oil minister told representatives of gas exporting nations that EU and U.S. sanctions against oil exporter'.s are ".unacceptable.".
Read More »Uzbekistan Open to Invest in Iran`s Petrochemical Sector
Iran opened its energy market to foreign investment following the lifting of international sanctions in January 2016.
Read More »Saudi Arabia Steps Up Oil Diplomacy Ahead of OPEC Meeting
The Saudi OPEC governor and Saudi national representative at OPEC are in communication with many countries to invite them to the meeting.
Read More »BP Reported to be Eyeing Cairn Energy Oil and Gas Acreage in Senegal
BP wants to acquire a 30 per cent stake in the SNE field that Edinburgh-based Cairn found in 2014.
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »Wild Swings in Iraq Oil Production Give OPEC another Problem
Fighting over Kirkuk and other regional tensions contributed to the increase in prices.
Read More »South Pars Exports over 4m Barrels of Oil in 8 Months
Iran has been ramping up crude oil production to win back its market share since sanctions were lifted in January 2016 under a nuclear accord with P5+1.
Read More »