Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

Saudi Arabia and the UAE. are trying to reduce their reliance on oil and generate more power from the sun.

South Korea'.s Iranian crude oil imports in December soared nearly eight times more than a year ago.

The price of OPEC'.s basket of 13 crudes stood at $52.30 a barrel on Thursday. the 13-member organization said in a statement.

The OPEC agreement is expected to leave a positive effect on Iran'.s oil revenues.

Iranian crude and condensate exports last month hit a five-month low of around 2.34 million bpd.

Russian companies have reportedly signed deals to study seven Iranian oil and gas reservoirs.

Trump and his administration are a serious challenge for our country.

The volume of crude exports has been defined in accordance with OPEC quotas and will continue as such.

Marjan'.s plant is expected to start by early 2018.

Tehran has prioritized the development of its joint oil and gas fields. especially those shared with Arab neighbors Iraq and Qatar.