Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The geopolitical reality in the Middle East is changing dramatically.
Read More »Is This the Geopolitical Shift of the Century?
Gazprom Neft Announces New Hydrocarbon Discovery in Western Pacific
The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.
Read More »Argentina. Peru Receive Iranian Petrochem Cargoes
Calculations show that it could take about a month for a cargo ship to sail from the Middle East to a port in Argentina.
Read More »Maersk in Strong Position to Develop Iran`s South Pars Oil Layer
Several other foreign companies have been invited for South Pars oil venture but none have given a decisive answer.
Read More »Russia`s Rosneft Aims for Big Boost in Oil Exports to China
Russian oil production has been steady. at around 10.9 million bpd due to a global pact to reduce total production by around 1.8 million bpd to support weak oil prices.
Read More »Putin: Extending OPEC Deal Until End of 2018 is `Possible`
OPEC ministers attending the Moscow event said they were considering extending the deal or making a deeper cut.
Read More »Europe’s Largest Refinery to Shutter for Two Months
In Greece. Hellenic Petroleum declared force majeure on its 100.000-bpd Elefsina refinery in July. suspending diesel exports.
Read More »IEA Head Sees Oil Prices Subdued On Non-OPEC Supply Growth
The production growth from non-OPEC countries is still there so I do not expect a price rise in the near future.
Read More »Venezuela to Invite More Countries to Join Output Cuts
Iran’s Oil Minister Bijan Zanganeh told Reuters at the event that there is ``no objection`` to the proposal for deeper cuts.
Read More »Who Is Winning the Market Share War In China?
The market share that Saudi Arabia has lost in China is a result of the Kingdom’s current policy to try to boost oil prices.
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