Iran has conducted its enrichment activities in line with its long-term enrichment and R&.D enrichment plan.
Read More »Iran Says OPEC Compliance with Output Pact Increasing
Under the agreement OPEC is curbing its collective oil production by about 1.2 million bpd.
Read More »Iran’s Electricity Export Rise by 34 Percent
Iran plans to increase its nominal electricity generation capacity to 80.000 MW by summer 2018.
Read More »China`s CNOOC to Explore New South China Sea Block with SK Innovation
CNOOC. according to its website. is looking for foreign partners to explore and develop 22 blocks this year.
Read More »Russia. Saudi Arabia Discussed Extending OPEC-Led Deal. No Decision
Russian oil output fell to a year-low of 10.91 million bpd in August from 10.95 million bpd in July.
Read More »France`s Total to Invest $2bn in Qatar`s Al-Shaheen Oilfield after Stake Award
State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »OPEC Invites Libya. Nigeria to Committee Meeting Sep 22
Libyan output had also recovered to reach an average of 990.000 b d in July. its highest level in three years. up 180.000 b d in June. according to the latest S&.P Global Platts OPEC survey.
Read More »Total to Sell Its Interest in Gina Krog Oil Field
Total had announced earlier in August that it would acquire Maersk Oil for $5 billion. bolstering its position among the world'.s largest oil companies.
Read More »Increase in Iran`s Petchem Output
Exports amounted to 7.1 million tons in four months. up nearly 5% from 6.84 million tons in the same period of last year.
Read More »Russia Likely to Back Extension of OPEC Deal as Prices Stabilize
Russia’s publicly traded oil producers. both state-led and non-state. have voluntarily reduced output in order to support prices.
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