Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.
Read More »India Devises Oil Strategy to Buy Crude from Iran
India. the world’s third-biggest oil consumer. meets more than 80 per cent of its oil needs through imports.
Read More »Oil Rises as Saudi Arabia Threatened to Retaliate any Sanctions
Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »NIGC Studying Tenders for First Mini LNG Plant
The mini plant will have a production capacity of 30 tons of LNG per day.
Read More »New US Sanctions on Iran will Seriously Affect Oil Prices
The US withdrawal from the JCPOA damaged the balance in the JCPOA.
Read More »India should Reduce or Stop Crude Oil Import from Iran
Exports to India accounted for 21 per cent of Iran’s crude oil outbound shipments in 2017-18.
Read More »OPEC Non-OPEC Coalition Search for Consensus ahead of Algiers Summit
Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »Iran Starts Storing Oil in Supertankers
Buyers who defy the US sanctions risk having their banks frozen out of the American financial system.
Read More »Persian Gulf Star Refinery`s Fourth Phase Commissioned
The prospective phase is envisaged to produce 12 million liters of Euro-5 gasoline and diesel.
Read More »Iran Ranked 21st in Global Maritime Industry
Iran'.s name on the IMO white list is an indication of the country'.s special place in maritime industry.
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