Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Many nations have gone further than their pledged cuts.
Read More »Russia and Saudi Arabia Work at OPEC deal at World Cup Summit
LNG Market to Tighten After 2024
Qatar aims to have boosted its LNG export capacity from the current 77 million tons to 100 million tons annually.
Read More »OPEC Resistance to Saudi Plan as Iraq Objects
Saudi Arabia has enjoyed diplomatic ties with the US for decades.
Read More »Russia to Seek Oil-Cuts Rollback for most OPEC+ Nations
Russia and Saudi Arabia are set to discuss oil policy on Thursday.
Read More »Saudi Aramco`s Huge Investment to Double Refining Capacity
The chemicals business is Aramco’s key strategy.
Read More »OPEC Considers Short-Term and Long-Term Market Stability
Venezuela and Iran have appealed to OPEC to maintain unity.
Read More »Saudi Oil Output Rises Above 10 Million Barrels a Day
Iraq on Monday joined Iran and Venezuela in opposing any plans to start boosting crude output.
Read More »Saudis Start to Rise Oil Output. Ahead of OPEC Meeting
Saudi Arabia and some other Persian Gulf producers recently favored the idea of increasing overall output by 300.000 to 400.000 barrels a day.
Read More »Kuwait will Ship its First Light Crude Grade by End-June
Kuwait is planning a new heavy crude grade later this year. with a gravity of 16 API and 4.9% sulfur content.
Read More »Oil Prices Rise amid Venezuela Export Concerns
Falling production from Venezuela has contributed to a rally in global oil price Brent to nearly $80 a barrel.
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