Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Libya was currently producing around 121,000-123,000 b/d because of the blockade.
Read More »Libyan Oil Output Recovery could Neutralize OPEC’s Plans to Cut Deeper
OPEC will Decide Monday if March 5-6 Meeting Is Still On
A decision to delay the meeting would leave the future of the OPEC+ 1.7 million b d production cut accord with Russia and other allies up in the air.
Read More »Aramco Passes Final EU Regulatory Hurdle in $69bn SABIC Deal
Saudi Aramco’s planned purchase of the region’s biggest petrochemical company comes as it targets downstream investments in a move away from relying on crude oil sales.
Read More »BP`s Net Carbon Goals Achievable
In 2018. BP invested over $10 billion to buy BHP Billiton'.s US shale business.
Read More »China to Accept Tariff Exemption Applications on US Goods from March 2
The exemptions will enable Chinese companies to import US goods and avoid the tariffs.
Read More »Iraq Increases Security Around Basra Oil Fields. Facilities
Iraqi protestors have often blocked roads to oil fields and facilities in Iraq since October last year.
Read More »IEA works on Global Roadmap to Cut Emissions by 2030
The IEA is set to host a clean energy transition event in Paris on July 9.
Read More »US Extends Iran Sanctions Waiver for Iraq for 45 Days
This will be the sixth waiver the US has issued for Iraq since US sanctions on Iran energy exports snapped back in November 2018.
Read More »Asia’s Oil Demand Slump
The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.
Read More »OPEC Considering Moving March 5 Meeting Forward Due to Coronavirus Impact
OPEC and 10 allies agreed in December to implement 1.7 million b d of production cuts for the first three months of 2020.
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