Bijan Zangeneh announced that gas production from the South Pars gas field will hit a record high to enable the Iran to win a larger share of daily production from the field shared with Qatar for the first time since the energy zone went under development
Read More »China’s Worst Nightmare
The drone attacks on the Khurais oilfield and the Abqaiq oil processing facility took an estimated 5.7 million bpd in production capacity off the market.
Read More »Saudi Oil Supply Crisis. A Boon to Brazil
Brazil’s oil production is set to grow in the near term.
Read More »Tehran. Ankara Confer on Resumption of Electricity Trade
Iranian and Turkish energy ministers discussed resumption of trading electricity between the two sides in their meeting in Ankara.
Read More »Saudi Arabia Shuts Down Pipeline to Bahrain after Drone Attacks
Analysts predict that if disruption to production lasts for too long. oil prices will spike.
Read More »Iran to Hold Int`l Maritime Industries Exhibition in November
Southern Iranian port city of Bandar Abbas will host the 21st Iran International Maritime &. Offshore Technologies Exhibition (IRANIMEX 2019) in late November.
Read More »Iran`s Oil Minister Declares Huge Leap in Production of Petrochemicals
Iranian Oil Minister Bijan Namdar Zanganeh announced that the country has made great progress in the production of different petrochemicals and will further expand its capacities in future.
Read More »Iran’s Oil Industry Growing Regardless of US Sanctions
Deputy Director for Development and Engineering Affairs at the National Iranian Oil Company (NIOC) Reza Dehqan said that his country is steadily developing its oil and gas projects. reminding that Washington’s sanctions are nothing new to Tehran.
Read More »Aramco`s Some October Oil Loadings to Be Delayed
The attack on the kingdom’s most important oil production facility has crimped the availability of lighter grades such as Arab Extra Light and Arab Light.
Read More »Iran Oil Industry Developing Despite Sanctions
A senior Iranian oil official said that the industry is developing in the country despite the US’ economic sanctions.
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