Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The rig count is an indicator that U.S. crude production will increase further.
Read More »Oil Prices Rise by 1% after Saudi Announces Cut in Supply
Making wind farms more efficient
With energy demands rising. researchers have completed an algorithm or approach to design more efficient wind farms.
Read More »December. A Hot Month for OPEC
Oil prices at $70 or above is never the best choice for the consumers and Russia is in that camp.
Read More »OPEC+ Countries Performed Vienna Agreement by 104% in October
The Technical Committee held the meeting on the verge of the Joint Ministerial Monitoring Committee meeting in Abu Dhabi this Sunday.
Read More »Iran. Saudi Arabia Agree on Coordination Ahead of OPEC Meet
A possibility of oil production cut in 2019 looms large as OPEC and its allies are expected to meet in Abu Dhabi.
Read More »Saudi Arabia Plans to Reduce Oil Supply
Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »China Surpasses Japan as World’s Top Natural Gas Importer
China is raising its domestic natural gas production.
Read More »Goldman Sachs Predicts Oil Supply Crunch Looming
The oil market could tip into a shortage in the 2020s because nobody is allowed to fully invest in future oil production.
Read More »OPEC`s Fear of Another Downturn In Oil
EIA predicts that U.S. production will increase to 12 million barrels per day in the second quarter of 2019.
Read More »Weatherford Mulls Manufacturing Expansion in the Middle East
Weatherford posted a net loss of $199 million (Dh730.8m) for the third quarter year-on-year.
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