Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Extension of the agreement to cut oil production meets the interests of Azerbaijan.
Read More »OPEC Deal Extension Meets Azerbaijan Interests
Oil Is Struggling to Recover from Its OPEC Disappointment
Prices edged higher by 0.35% to $48.88 in early trading on Friday.
Read More »Abu Dhabi Closes $872 Million Financing for World`s Largest Solar Plant
The project is ADWEA'.S first foray into renewable energy.
Read More »OPEC Welcomes Its New Member
Equatorial Guinea has been accepted as a new member of the Organization of the Petroleum Exporting Countries (OPEC).
Read More »Extension of OPEC Oil Deal Not to Down Iran’s Oil Output
OPEC members would decide during the meeting on May 25 to extend the 1.2 mb/d oil cut for six or nine months.
Read More »OPEC Extends Oil Output Cut by Nine Months
OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018.
Read More »Turkmenistan Might Join OPEC Oil Output Cuts
The SPR sales would not start until October 2018 and would amount to just 95.000 bpd. or 1 percent of current U.S. output.
Read More »Kazakhstan and UAE to Prepare Joint Project for Polyethylene Production
In the result of the agreements between the heads of states and Governments the parties initiated negotiations on cooperation in the petrochemical field.
Read More »Min: Iran Supports OPEC Oil Cut Extension
OPEC members are preparing to hold meeting on May 25 to discuss the market and oil cut deal in Vienna.
Read More »Iran Needs Major Offshore Investment
Iran needs major investments in its offshore oil and gas sectors.
Read More »