Many environmentalists and Democrats counter that Obama-era measures were critical to reducing America'.s contribution to climate change.
Read More »Iran`s New Oil Contracts Will Help Job Creation
New contracts with international oil majors will help create thousands of jobs and plough billions of dollars into the key petroleum industry. according to Reza Khayyamian. head of the Society of Iranian Petroleum Industries Equipment Manufacturers. If foreign companies come to Iran`s energy market and sign the (oil) deals. almost …
Read More »Kurdistan Government Closes 61 Illegal Oil Refineries
The regional government is at odds with Baghdad as it is trying to strengthen its grip on local natural resources.
Read More »Saudis Take 100% Control of America`s Largest Oil Refinery
Saudi Aramco. the kingdom'.s state-owned oil behemoth. took 100% control of the sprawling Port Arthur refinery in Texas.
Read More »Saudi Arabia May Cut June Light Crude Prices to Nine-Month Low
Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.
Read More »OPEC May Announce Short Extension of Output Deal
OPEC countries agree on extension of the deal. but Iraq and Iran will not be part of it.
Read More »Oil Prices Inch Down on High Stocks. Weak China Factories Survey
The Organization of the Petroleum Exporting Countries (OPEC)meets this month to discuss oil supply policy.
Read More »Iran Ready to Back OPEC Deal Extension
Present volume of Iran’s crude output stands at 3.8 million barrels according to secondary sources.
Read More »Iran Gets Positive Output Cut Signals from OPEC. Non-OPEC States
Tehran agreed to curb its nuclear programme in exchange for lifting of most international sanctions imposed on the country.
Read More »Asian Imports of Iranian Oil Rise 27% Year-on-Year in March
Iran needs foreign investment for repairs and upgrading of its oil and gas fields.
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