Saudi Arabia. the world'.s top producer ahead of Russia. is responsible for almost one-fourth of the total cuts.
Read More »BP Authorized to Operate Rhum Gas Field with Iran
BP currently intends to continue to hold its ownership stake in the Rhum joint arrangement and act as operator.
Read More »Rosneft to Prepay $1b for Crude from Iraqi Kurdistan
Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.
Read More »Jump in Iran`s Gas Condensate Exports
Condensate output is slated to reach 1 million barrels a day upon the launch of all phases of South Pars.
Read More »Iran`s Condensate Stock in China Runs Out
Iran has sold its entire inventory of gas condensates in China.
Read More »Iranian Oil Shipment Deal in Polish Refineries
.The Port of Gdansk'.s accessibility for the largest vessels able to enter the Baltic basin is an additional asset.
Read More »Shipment Data Show OPEC Sticking to Supply Cuts
An implementation rate of 75% would be higher than the level OPEC typically achieved in the past.
Read More »Malaysia Plans to Open Palm Oil Office in Iran
Malaysia exports about RM1 billion of palm oil to Iran.
Read More »Iran`s Oil Industry: Sky Is the Limit
Iran is eligible and capable to absorb some $370-380 billions within the next decade.
Read More »Iran`s Energy Exchange Ready for Domestic. Overseas Oil Sales
IRENEX has the necessary infrastructure to handle crude oil transactions.
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