Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Saudi Arabia is pressing ahead with plans to sell between 1 percent and 2 percent of Aramco through a local listing.
Read More »Attacks had no Impact on IPO Plans
Artificial Intelligence Is Changing Every Aspect of Oil Markets
Satellites and artificial intelligence are changing every aspect of the oil industry and oil markets.
Read More »Phase I of Azar Oilfield Complete by March 20
The first phase development project of Azar Oilfield will be complete with 65.000 b d of crude oil production capacity.
Read More »NISOC Ready to Maximize Oil Output
The CEO of the National Iranian South Oil Company (NISOC) said the company was prepared to bring its oil production to maximum in the shortest time possible.
Read More »Ecuador’s Decision to Withdraw from OPEC Came as Surprise to Organization
Ecuador’s oil reserves are estimated at 8.3 bln barrels of oil. Oil production in 2018 was at 517.000 barrels per day.
Read More »U.S.. Saudi Navies Discuss Iran Threat After Attacks On Saudi Oil
The Commander of U.S. Naval Forces Central Command. Vice Admiral Jim Malloy. met with the commander of the Royal Saudi Naval Forces (RSNF) after the attacks on vital Saudi oil infrastructure.
Read More »Large Surprise Crude Draw Lifts Oil Prices
The American Petroleum Institute (API) has estimated a large crude oil inventory draw of 5.92 million barrels for the week ending September 26.
Read More »Iraq Prepares For Oil Export Boom
The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.
Read More »Oil Shipping Rates Jump as US Sanctions Hit Crude Trade
The current strength in rates has been triggered by geopolitics.
Read More »ADNOC Drilling Completes Its First Offshore Integrated Drilling Services Well
ADNOC Drilling announced the completion of its first offshore integrated drilling services (IDS) well in Abu Dhabi’s Umm Lulu offshore oilfield.
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