Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
China and India now account for about a fifth of global strategic reserves.
Read More »Persian Gulf War could Send Oil Prices beyond $325 a Barrel
Oil. Gas Instrumental to Climate-Change Solution
A combination of these solutions would go a long way in minimizing the impact of climate change.
Read More »Iran No Threat to World Energy Security
Iranian Oil Minister Bijan Zangeneh said Falih is a technocrat and a respectable person and does not often speak politically. and he must have probably been asked to say such political things.
Read More »OPEC Design to Grasp Market Share from Shale
It looks like the cartel aims for higher oil prices now and will think of regaining market share later.
Read More »OPEC Output Hits New Low as Saudi Fails to Offset Losses in Iran. Venezuela
June output was the lowest by OPEC since April 2014.
Read More »U.S. Oil Rig Count Falls despite Rising Production
US production rose slightly for week ending June 28 to 12.2 million bpd. 200.000 bpd down from the all-time high of 12.4 million bpd.
Read More »Iranian Minister Content with New OPEC Decisions
Iran is satisfied with the new decisions made in the recent meeting of the Organization of the Petroleum Exporting Countries (OPEC). including an extension to supply cuts to the global market and the exemption for Tehran.
Read More »Oil Plunges to $62 despite OPEC’s Output Cut Extension
The meeting decided that the next OPEC and non-OPEC Ministerial Meeting would convene in Vienna. Austria. on December 6. 2019.
Read More »Iran’s Oil Minister Warns Russia-Saudi Alliance could Kill OPEC
Tehran has no problem with reducing global crude production.
Read More »OPEC Existence Main Concern for Iran
Iranian Minister of Petroleum Bijan Zangeneh told reporters ahead of the 176th OPEC meeting in Vienna that the existence of the OPEC was the main issue for Iran in the meeting.
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