Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Tokyo is pressing Mitsubishi and Mitsui to make a decision.
Read More »Russia`s Arctic LNG Project Allures Japan
OPEC Continues Production Cuts despite Trump Pressure
The shale revolution has made the US the world’s top oil producer and is reshaping the global oil market.
Read More »UAE Reduces Oil Production by 3.1% under OPEC Deal
The Emirates should reduce the production of oil from 3.168 million barrels per day to 96.000 barrels per day.
Read More »Rising Demand. Climate Change are Main Policy Challenges
The IEA has long emphasized the role of China. India. and other countries in Asia in driving global natural gas demand.
Read More »OPEC Crude Supply Drops to 4-yr Low in February
The 11 OPEC member states committed to the agreement attained in February 101% of the agreed cuts.
Read More »Libya`s Sharara Field still Closed for Security Reasons
Libya has struggled to maintain oil production since 2011.
Read More »China`s Massive Oil & Gas Discovery in Bohai Sea
The flow has been discovered in CNOOC’s Bozhong 19-6 gas field.
Read More »US Crude Oil Production Reaches 12 Million bpd
The EIA now sees US crude oil production averaging 12.4 million bpd this year and 13.2 million bpd next year.
Read More »Venezuela Struggles to Find Oil Buyers amid US Sanctions
The sanctions block all payments to PDVSA accounts.
Read More »U.S. Crude Output Hit Record
Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.
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