Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
In the United States. U.S. energy companies last week cut one oil rig. the first reduction in 12 weeks.
Read More »Oil Falls despite OPEC`s Output Rise. Markets Remain Tight
America First vs. Energy Dominance
A trade war is not good for the U.S. oil and gas sector.
Read More »Kazakhstan will not Increase Oil Production at Kashagan This Year
Kazakhstan encourages OPEC'.s decision to increase oil production by 1 mln barrels per day within OPEC+ deal.
Read More »Aramco has 2 Million Barrels Per Day of Spare Capacity
Aramco is currently producing 10 million barrels per day (mbpd) and has the ability to produce 12 mbpd. Amin Nasser. chief executive of Saudi Aramco. said in New Delhi.
Read More »Novak Says a Crude Output Deal for 2019 is already Being Planned
Russia plans to increase its output by 200.000 barrels per day as part of Saturday’s deal.
Read More »World Sees Little Extra Oil if OPEC. Partners Stick to Deal
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »OPEC Deal to Raise Oil Production will Control Prices`
OPEC agreed to a modest rise in oil production from next month.
Read More »OPEC. Non-OPEC Producers Arrange to Boost Oil Output
The group equally stated they will meet again on December 4. 2018 to review their decision and its impacts on the market.
Read More »Libya`s NOC Confirms LNA Control of Oil Ports
Libya’s national oil production has dropped to between 600.000 and 700.000 bpd due to the closure of the ports.
Read More »Iran doesn’t Believe Oil Customers to Get Sanctions Waivers
The request to halt Japanese imports signals a tougher stance than in 2012.
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