Nations in Asia are mostly dependent on West Asian producers for their demand for oil.
Read More »Without Iran`s Gas. Half of Iraqi Power Plants to Close Down
Iraq has repeatedly announced that the economic and cultural ties between Iran and Iraq are historic.
Read More »Oil Falls after Trump Urges Greater OPEC Output to Replace Iranian Oil
The cuts have been supported by some non-OPEC producers. most notably Russia.
Read More »China Continues to Invest in Arctic Gas Resources
Russia’s largest private natural gas company. Novatek. secured vital funding for its Arctic LNG 2 plant.
Read More »Iran to Turn Oil Sanctions into Opportunities
Countries that do not stop buying oil from Tehran after the deadline risk facing Washington sanctions.
Read More »Russia Considers to Increase Gas Exports
Russia sought to increase the production and export of liquefied natural gas.
Read More »Escalated Clashes in Libya Pose Threat to Oil Production
For years. Libya has been split between two governments.
Read More »Iran Oil Show 2019 Slated for Early May
The main theme of the event is production boom in the country.
Read More »Iraq`s Crucial Part in Oil Industry’s Future
Iraq has adequate supplies of natural gas but has been flaring gas at increasing rates as oil production climbs.
Read More »Trump Says Saudi Arabia. Others Agreed to Boost Oil Production
Crude oil prices have been moving higher since last month and are up 33 per cent in the year to date.
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