Decision by ADNOC is attempt to meet the country'.s latest OPEC commitments.
Read More »Iran`s Oil Exports Over 2.6m bpd Last Month
The optimal production means a production with the maximum recovery rate. that can boost the country'.s economic. security and political power.
Read More »IEA Says No Need to Release Emergency Oil Supplies Due to Harvey
The IEA said it was closely monitoring the storm and would be ready to respond to major oil supply disruptions through its emergency response system.
Read More »Egypt Signs 3 Contracts for Oil and Gas Exploration Worth $79 Million
American companies are an important partner and a key player in the production of oil and gas in Egypt.
Read More »ExxonMobil Completes Takeover of One World’s Largest Aromatics Plants
The deal will increase ExxonMobil’s Singapore aromatics production to more than 3.5 million tonnes per year.
Read More »Oman. Largest Non-OPEC Producer in Mideast
The greatest growth potential for Oman’s natural gas production is in the Khazzan-Makarem field in BP’s Block 61.
Read More »Libyan Oilfields Closed by Pipeline Shutdowns
Sharara. which was producing around 280.000 barrels per day. had been shut a week ago.
Read More »Baker Hughes Reports 6 Drilling Rigs Taken Offline
The rig count now stands at 940 overall. with four oil rigs and two natural gas rigs removed.
Read More »South Pars Field Supplies 65% of Iran’s Total Gas Consumption
It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.
Read More »Iran to Build 2nd Phase of Major Petrochemical Complex in Southwestern Province
Iran'.s petrochemical plants produced 18 million tons of products in the first 4 months of the current Iranian calendar year.
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