Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Saudi Arabia’s stated spare capacity is actually lower than its actual spare capacity.
Read More »Saudis Can’t Replace Iran Oil
Shell will Decide on Nigeria Oil Field In 2019
Shell operates the project and ExxonMobil. Total. Eni and the Nigerian National Petroleum Co. are partners.
Read More »Oil Prices Fall after EIA Confirms Crude Inventory Build
At 408.7 million barrels. the EIA said. crude oil inventories were below the five-year seasonal average.
Read More »Iraq`s Oil Exports from Southern Ports Rise to 3.54 Million bpd in July
Iraq exported 3.521 million bpd of crude oil in June.
Read More »US Solar Benefiting From Slump in Global PV Panel
China surprised everyone in June by announcing that it would not issue approvals for any new solar power installations this year.
Read More »Japan and Russia plan LNG hub in Far East
Transfer terminal to lower shipping costs from Siberian production sites.
Read More »High Oil and Gas Prices Sends U.S. GDP Soaring
Not only is U.S. shale production growing. but the shale industry as a whole is expected to become profitable this year for the first time in history.
Read More »Oil Prices Drop on Oversupply Concerns as OPEC Output Increased in July
OPEC hiked production by 70.000 barrels per day (bpd) to 32.64 million bpd. the most this year.
Read More »OPEC Oil Production Jump to a 2018 High in July
OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.
Read More »Iraq will Develop Mansuriyah Gas Field. Nassirya Oil Field
Iraq has failed to lure investors for the project. which includes building a refinery to process crude from the region.
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