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Iraq. the second-largest oil producer of OPEC'.s 14 members. is also one of its most chronic over-producers.
Read More »Iraq is Urging Deeper Production Cuts
NPC Mulls Construction of $8bn Petchem Project
Plans are underway to construct an $8-billion petrochemical megaproject by Iranian petrochemical holdings. a senior petrochemical official said.
Read More »Iranian Ports Post Significant Jump in Handling Oil-Products
Load and unload operations for petrochemical and other oil-product cargoes have surged by almost a third in one month at the Iranian ports.
Read More »Is OPEC+ Deal Nearing Its End?
Only a few days is left before the unveiling of a big decision which will mostly determine the future of oil market in the upcoming year.
Read More »OPEC. Allies may Deepen Output Cuts
OPEC+ oil exporters have coordinated output for three years to balance the market and support prices.
Read More »Iran’s Pet-Chem Industry Outdoing US Sanctions
Iranian petrochemical plants are defeating the US sanctions against the country as they have managed to materialize their objectives in sales and production so far. CEO of Jam Petrochemical Plant.
Read More »Ankara as Alternative for Basra Oil Exports
Iraq places special emphasis on energy corridors with Turkey in its search for alternative export routes.
Read More »India will Invite Foreign Firms to Invest in State-Owned Oil Companies
International energy firms will be invited to participate in India’s privatization of state-owned oil companies.
Read More »OPEC Foresees Its Market Share Shrinking in Coming years due to Shale Surges
OPEC and its partners are due to meet next month in Vienna.
Read More »India Seeks Foreign Investments in Oil and Gas Sector
India has already outlined plans to sell some state-owned companies to local or foreign investors by March 2020.
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