Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The area is near the Strait of Hormuz. a strategic waterway through which nearly one-third of all oil traded by sea passes.
Read More »Explosions Hit Two Large Oil Tankers in Sea of Oman
Saudi Aramco will Host Its First Earnings Call
Aramco is a linchpin in the plan to overhaul the Saudi economy by developing new industries and bringing in foreign investors to fuel growth.
Read More »OPEC Nears Deal to Keep Output Curbs in Place
OPEC is currently scheduled to meet on June 25.
Read More »Qatar. Russia Will Boost Economic and Trade Cooperation
Qatar and Russia have enjoyed a long history of strong bilateral trade relations.
Read More »Omani Airline Celebrates Opening Direct Tehran-Muscat Route
Omani airline SalamAir. in a ceremony participated by Iranian Ambassador to Muscat Mohammadreza Nouri Shahroudi. celebrated the launch of its new flight route connecting Tehran to the capital city of the Arab country.
Read More »Saudis Optimistic About OPEC Cut Extension After Talks with Russia
Saudi Arabia’s top oil official said he was sure that OPEC+ will extend production cuts into the second half of the year after holding talks with Russia.
Read More »OPEC Close To Extending Output Cut Deal
OPEC is close to reaching an agreement to extend the production cut deal beyond its current expiry date at the end of June.
Read More »OPEC Close to Agreeing Oil Pact Extension
OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June.
Read More »Putin Highlights Differences with Saudis as OPEC Decision Looms
A year ago. in the enduring twilight of one of St. Petersburg’s famous white nights of summer. Saudi Arabia and Russia reached an agreement that set a new direction for the oil market.
Read More »Growing Producer Consensus to Stabilize Market
The Kingdom is closely monitoring recent developments in the oil market.
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