Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector.
Read More »Russia’s New Oil Tax Bill Promises a Big Change. but Limited Scope
Oil Market is Awaiting Trump Decision on Iran’s Nuclear Program due May 12
Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
Read More »European Petrochem Giants Seek Cooperation with Iran
Iran and six major powers signed the nuclear agreement in July 2015 and started implementing it in January 2016.
Read More »Russia Complies with OPEC Oil Output Cut Quota by 95.2% in April
Russia committed to reduce oil production by 300.000 barrels a day. had been gradually heading towards this level since early 2017 and reached this level last May.
Read More »Bahrain Leads GCC with Non-Oil Growth of 5pc in 2017
Growth in Bahrain is being driven by a variety of strongly performing industries.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Oil Steady on Iran Sanction Worries. Surging U.S. Supplies
U.S. crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.
Read More »Shell-CNOOC JV Launches 2nd Ethylene Cracker
The new ethylene cracker will increase the ethylene capacity by around 1.2 million metric tons per year.
Read More »Oil Heads for Monthly Gain on Iran Risks and as OPEC Clears Glut
Concerns rise that US exit from nuclear deal with Tehran will result in sanctions on Iranian oil and reduced exports.
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