Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Royal Dutch Shell will pile fresh investment into a new North Sea project for the first time in six years.
Read More »Shell`s Investment in North Sea for the First Time in Six Years
Al Sada: Qatar will Continue to Support Oil Output Cut
During the years 2015 and 2016. Qatar had made great efforts to coordinate positions and bring together views.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Al-Mazrouei: OPEC Deal could Extend Beyond 2018
The OPEC Russia deal for crude oil production cuts could extend beyond 2018.
Read More »Iraq Wants Kurdish Firm Kar Group to Halt Operation of Kirkuk Oilfields
Kirkuk crude sales have been halted since Iraqi forces took back control of the fields in October.
Read More »A Big Victim from OPEC`s Oil Cuts
Oil prices and tanker earnings often move in opposite directions.
Read More »Iraq will Gain too much from Gas-Supply Pact with Kuwait
Iraqi Prime Minister Haider al-Abadi expressed great support for the Kuwait agreement.
Read More »Markets are Preparing for OPEC Output Cuts
New projects in Brazil and Canada could add as much as rising U.S. exports.
Read More »Russia’s Oil Production in Highest Level since 1999
Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.
Read More »U.S. Shale Can’t Offset Decreased Oil Discoveries
WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »