Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
India Petronet Agreed to Buy Extra 1 mln T Australian LNG from Exxon
Petronet will buy the LNG on delivered basis with a price equivalent to about 12.5 percent of Brent oil prices.
Read More »Iran Reluctant to Ship Its Oil to Americas
Iran for exporting its oil to Americas needs to carry out further studies.
Read More »Iran`s Gas will Reach Pakistan
The cooperation of non-OPEC countries. in particular Russia. is good in the deal to reduce oil supply.
Read More »Iran Says OPEC Compliance with Output Pact Increasing
Under the agreement OPEC is curbing its collective oil production by about 1.2 million bpd.
Read More »OPEC Invites Libya. Nigeria to Committee Meeting Sep 22
Libyan output had also recovered to reach an average of 990.000 b d in July. its highest level in three years. up 180.000 b d in June. according to the latest S&.P Global Platts OPEC survey.
Read More »Foreign Companies Eager to Invest in Iran’s Oil and Gas Industry
There is intense competition across the world to attract foreign investment. but the assets are limited while competition for absorbing them is high.
Read More »Iran`s Crude Export to Asia Increased in July
Iran is aiming to raise oil output to around 4 million bpd by the end of the year from around 3.8 million bpd in recent months.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Iraq Surpasses Its Plan to Reduce Oil Output Under Production Cut Deal
Iraq thus has fulfilled its obligations to reduce production by more than 100%.
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