Iraq is with the continuation of a reduction of oil production of OPEC nations and we will push in that direction.
Read More »Pakistan to Overcome Energy Crisis in 6 Months
Pakistan would do away with the deficit gas production by importing 3bcfd by December 2018.
Read More »Iran Sets New Terms for Gas Field Award
Farzad-B was discovered by OVL in the Farsi block about 10 years ago.
Read More »European Firms Looking for Gas and Oil Cooperation with Iran
Iranian Offshore Oil Company is one of the largest offshore oil producers in the world.
Read More »Drilling Operations at Kish Gas Field in Progress
Kish field is planned to be developed in five phases.
Read More »Vietnam’s Second Oil Refinery Start-Up Postponed Until 2018
The delay of additional oil product supplies in Asia could be good news for refiners. but could weigh on the crude oil market.
Read More »Aramco Boosts Fuel Trading in Fight for Asia. Africa Sales
Aramco has said the 400.000-bpd Jazan refinery will start next year.
Read More »South Pars Oil Output Surpasses 1m Barrels
Maersk produces oil from the Danish and UK sections of the North Sea. Qatar. Algeria and Kazakhstan.
Read More »Brent Oil Price Exceeds $52 bbl
OPEC agreed to slash the output by 1.2 million barrels per day from Jan. 1.
Read More »Economic Effects of JCPOA Undeniable
The nuclear negotiators prevented US President Donald Trump'.s adventurism towards Iran by inking the JCPOA.
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