Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.
Read More »China Reassures Tehran on Honoring Nuclear Deal. Buying Iranian Oil
Arab Economies. Winners of U.S. Exit of Iran Deal
The U.S. move threatens Iran with lower export income and less access to hard currency.
Read More »U.S. Oil Rises above $70 for First Time since November 2014
U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Saudi Arabia Wants Higher Prices to Kick Oil Addiction
The government has announced big ambitions to transform the economy by diversifying away from oil.
Read More »Russian Commitment to OPEC Deal Reach 95%
Crude oil production in Russia amounted to 10.97 million barrels a day last month.
Read More »Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Russia committed to reduce oil production by 300.000 barrels a day.
Read More »India’s Oil Production Fell for the 6th Straight Year in 2017-2018
Domestic natural gas production in 2017-2018 grew by 2.35 % to 32.64 bcm as compared to the year ago period.
Read More »Russia’s New Oil Tax Bill Promises a Big Change. but Limited Scope
The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector.
Read More »Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Russia committed to reduce oil production by 300.000 barrels a day. had been gradually heading towards this level since early 2017 and reached this level last May.
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