Among the fields. talks for developing Yaran. Mansouri. Sepehr and Jofeir fields are finalized.
Read More »US Investors Cool Response to Aramco IPO
Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.
Read More »UAE Insists on Construction of Pipeline in Iran
Iran could receive transit fee from the passage of this pipeline from Turkmenistan towards the United Arab Emirates (UAE).
Read More »Iran. Russia Sign Deal to Develop Two Oil Fields
The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.
Read More »OPEC`s Attemps to Boost Oil Prices Undermined by US Oil Industry
The EIA is forecasting US oil production will lift 14.8% to 10.70 million barrels per day this year.
Read More »IEA: Venezuela Turmoil could Push Oil Market into Deficit
The IEA expects Venezuela'.s crude output will fall to 1.38 million barrels per day (mb d) by the end of 2018.
Read More »OPEC Unlikely to Change Output Deal This Year
Russians can pull out of the deal as they have made no commitment to OPEC to remain in the agreement until the end of 2018.
Read More »EU Urges Gazprom to Resume Ukraine Gas Flows
Roughly 15 percent of the gas Europe buys from Russia is transported through Ukraine.
Read More »China Manages to Become Co-Owner of Russia`s Biggest Oil Company
Rosneft and CEFC Energy inked a deal on crude oil deliveries in 2017.
Read More »China Fuels US Gas Boom
The growing Chinese appetite for natural gas could justify new LNG export facilities investment in the United States.
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