Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Russia reduced its crude production by 300.000 b d from October 2016.
Read More »Russia Can Raise Output above 200.000 b d
Trump Convinced Saudi King to Ramp Up Oil Production
US president says convinced Salman to raise output by as much as 2 million bpd.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »EU Oppose any Attempts to Legally Sell Libya`s Oil
The European Union said it is going to oppose any attempt to sell or purchase Libyan oil outside the official channels managed by NOC.
Read More »Masdar. Equinor have Installed World-First Battery Facility
The project is Masdar'.s second offshore wind partnership with Equinor.
Read More »Oil may Surpass $90pb if Iran`s Crude Exports Disrupt
US President Donald Trump sustained attempt to disrupt Iran’s oil exports would push crude prices above $90 per barrel.
Read More »Oil prices Decline. Market Tight on Disruptions. Record Demand
Analysts warn that the market has little spare capacity to deal with further disruptions.
Read More »Germans have Little Faith in the USA as a Supply Partner
The Germans consider Norway (71%). Canada (52%) and Russia (49%) to be the most reliable energy partners.
Read More »Saudi Arabia Is Planning to Pump More Oil in July
State oil company Saudi Aramco is aiming to boost production next month to about 10.8 million barrels a day.
Read More »IEA: The Gas Industry’s Bright Future over Next Five Years
LNG is progressively taking a larger share in global gas trade. especially in Asia.
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