Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The deal had achieved two thirds of what it was intended to do.
Read More »Russia Sees 2-5 Months to Exit Oil Output Deal
OPEC Predicts Higher 2018 Oil Demand. but more Rival Supply
The market is only expected to return to balance towards the end of this year.
Read More »Shale Surge Won`t Thwart Plan to Clear Glut
Demand for this year is expected to be good. if not better than 2017.
Read More »Iran’s Production Rise Lowers Oil Prices
OPEC member Iran revealed plans to ramp-up production by at least 700.000bpd within the next four years.
Read More »Sonatrach to Invest $56 bln from 2018 to 2022
Algeria is a major gas supplier to Europe.
Read More »Weaker Dollar Hurts OPEC Countries. Helps Shale
The weaker dollar boosts U.S. exports. supporting shale producers.
Read More »Maduro Propose to Oil Producing States Cryptocurrency Mechanism
Venezuela has allocated five billion barrels of oil to back its cryptocurrency.
Read More »Kashagan Oil Field Increases Production
Daily production at Kashagan makes 300 000 barrels per day with application of advanced technology of gas burning.
Read More »US-Mideast Oil Battle Heating Up
The fight between the US and the Middle East for a slice of the Asian oil market is heating up. with their rivalry now spilling over into refined fuels.
Read More »U.S. Considers Raising Sanctions on Venezuelan Oil to Pressure Maduro
Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
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