Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The UAE wants to achieve gas self-sufficiency and possibly become a net gas exporter.
Read More »UAE Announces Major Gas Find
Coronavirus Haunts Oil Markets
China has reported 361 deaths from the virus so far.
Read More »Market Balance. a Necessity
The oil market was under pressure because of coronavirus outbreak and as a result the oil price had fallen to below $60 per barrel. adding. Efforts must be made to ensure the market balance.
Read More »OPEC+ Struggles with Oil’s Sharp Fall
The coronavirus has claimed more than 360 lives.
Read More »Citi Sees Coronavirus Impacting Oil Prices Until Q4
Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought.
Read More »Phase 14 of South Pars Gas Field Fully Developed with Giant Rig Installation
Total production from South Pars is currently around 630 mcm and is expected to near 700 mcm by March.
Read More »World’s First Liquid Hydrogen Fuel Cell Cruise Ship Planned for Norway’s Fjords
Norway’s electricity is mostly generated from clear hydro power and some onshore wind.
Read More »Iran Sets Output Cuts Precondition for OPEC Emergency Meeting
Oil market is under pressure.
Read More »Saudi Arabia may Cut March Prices for Most Crude Grades to Asia
Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.
Read More »NISOC Saves Costs by Localizing Demulsifiers
The localization and optimal use of demulsifiers by the National Iranian South Oil Company (NISOC) have resulted in cost savings of the company by over Rl. 270 billion.
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