The producer club will curb output by 0.8 million bpd from October levels.
Read More »Iran Showcases Nano Achievements at Muslim World Technology Fair
Iranian-made products in the fields of nanotechnology and nano-medicine are exposed at the 4th edition of Science and Technology Exchange Program (STEP) of the Islamic World in the Omani capital city of Muscat.
Read More »Oil prices rise on Asian stock rally. OPEC-led cuts
Oil prices climbed by around 1 percent on Wednesday .
Read More »Saudis’ Oil-Market Grip Continues to Slip
Saudi Arabia shouldered most of the production cuts on the OPEC side.
Read More »Iran’s oil sales faring much better after US sanctions: Pres. Rouhani
President Rouhani said that Iran’s oil sales have been faring much better than how they did before sanctions.
Read More »US Pushes Iraq to Boost Crude Exports to Turkey
Perry told the Iraqi leaders that the US is serious about its desire to help make Iraq energy independent.
Read More »No tendering process for domestic and foreign oilfield contractors
Mohammadi said domestic and foreign contractors can win each development package without tendering process.
Read More »Iran capable of exporting 10m tons of steel by March 2019
Iran has the capacity to export between nine million tons to 10 million tons of steel by March 2019 .
Read More »Iran’s clean energy production to amount to 1GW by yearend
Iran is producing some 654MW of electricity out of clean energy which is projected to rise to 1GW by the yearend.
Read More »Oil Extends Gain on OPEC`s Output Pact
Libya’s largest oil field was halted after members of the Petroleum Facilities Guard shut down pumps leading to tanks.
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