Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.
Read More »Russia Competes with Saudi Arabia for Asia`s Oil Market Share
North Sea Oil and Gas Projects Boosted by Farm-Out Deals
Two North Sea farm-out deals were announced today in another sign that the mature UK basin can still generate fresh investment for oil and gas projects.
Read More »Libya Lifts Force Majeure on Sharara Crude Loadings
Libya'.s oil industry has been at the mercy of groups vying for control of valuable assets.
Read More »Russian Crude Still Dirty By Mid-2020
Russia is now preparing to dilute the contaminated oil stuck in the pipeline with clean crude.
Read More »Saudi Arabia raises Domestic Gas Price
Saudi Aramco regularly produces 10 million barrels a day.
Read More »Oil Markets Wary of Impending Non-OPEC Supply Glut
It is always hard to predict the future and a lot will depend on how the global economy will perform.
Read More »Huge Oil Glut Coming In 2020
The extension of the OPEC+ cuts through the first quarter of 2020 removes a major uncertainty.
Read More »OPEC Deal couldn`t Change Fundamental Outlook for Oil Market
Any slowdown in global economic growth will put the brakes on demand for oil.
Read More »OPEC Expects Lower 2020 Demand For Its Oil
OPEC. Russia and other producers have since Jan. 1 implemented a deal to cut output by 1.2 million bbl d.
Read More »Oil Market Oversupplied in 2019 due to US production
The demand for OPEC crude oil in early 2020 could fall to only 28 million bpd.
Read More »