Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.
Read More »Russia. Saudi Arabia Discussed Extending OPEC-Led Deal. No Decision
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 »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%.
Read More »China Looks Beyond the Middle East for Its Crude Oil Fix
The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »UAE Pledges to Cut Oil Output by 10%
Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Iran`s Oil Exports Over 2.6m bpd Last Month
The optimal production means a production with the maximum recovery rate. that can boost the country'.s economic. security and political power.
Read More »Araqi: Iran`s Gas Export Exceeds 42mcm
Over the past few years. Iran had been pursuing exporting natural gas to Kuwait. Oman and Iraq.
Read More »SOCAR Launches Platform at Azerbaijani Offshore Field
In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.
Read More »Russia Remains 2017 Largest Oil Producer in the World
The market data from JODI shows that Russia remains the world’s largest oil producer.
Read More »