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 »OPEC Oil Price Continues to Rise
The price of OPEC’s basket of 13 crudes stood at $51.50 per barrel on May 22.
Read More »Kuwait: OPEC to Discuss Extending Output Cuts for 6 or 9 Months
Kuwait is part of a joint OPEC/non-OPEC ministerial monitoring committee.
Read More »Saudi Oil Minister Visits Iraq to Discuss Extension to Output Cuts
Saudi Arabia is pushing to extend the cuts by a further nine months until next March.
Read More »Iraqi Minister Agrees with Saudi Call to Extend OPEC Cuts for 9 Months
Iraqi prime minister also agreed on the need to extend OPEC cuts for a nine-month period.
Read More »Possibility of Talks with Zarif
Iran backs regional resistance groups. such as Lebanon'.s Hezbollah. which are considered terrorists by the US.
Read More »IOOC to Increase Output in Persian Gulf Oilfields
Some 50.000 barrels will be added to Doroud and Soroush fields'. daily output by the end of the present fiscal.
Read More »Siemens Completes Dubai Power Plant Work
Dewa had implemented this concept for the first time in the Middle East in January 2015.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel