Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
China imported a record amount of crude from Saudi Arabia in June.
Read More »Saudi Arabia Is Sending More Oil to China
Libya`s Oil Production Falls due to Pipeline Closure
The halt in production at Libya'.s largest field severely disrupts the country'.s energy supply.
Read More »OPEC Production Lowest since 2014 as U.S. Squeeze on Iran Continues
OPEC reduced output at the start of this year as part of an agreement with other producers.
Read More »Shell Profit Drops as Lower Oil Prices Offset Rising Production
Energy majors’ second-quarter results have been hit by lower oil and gas prices versus the same period a year ago.
Read More »Iran to Triple Propylene Production
Head of Iran’s National Petrochemical Company Behzad Mohammadi announced that his country will increase its propylene output by three times after the opening of 7 new projects.
Read More »Iran Gains Know-How to Repair Siemens Gas Turbines
Managing Director of Iranian Gas Transmission Company (IGTC) Saeed Tavakkoli announced that the country'.s experts have managed to repair the German-made Siemens gas turbines using indigenized know-how.
Read More »BP`s Tankers Avoid Strait of Hormuz
The strong increase in oil and gas production helped BP to offset weaker crude prices and refining profit.
Read More »OPEC Oil Output Hits Lowest since 2011
The biggest supply drop came from Saudi Arabia. which has cut supply even further below its OPEC target in a bid to reduce oil inventories.
Read More »Egypt Signs MoU with US on Oil Sector Cooperation
Egypt aims to become a regional gas hub for the trade of liquefied natural gas after major gas discoveries in recent years.
Read More »Yamaha Eyes Production for Its Oddball Tritown Tilting Three-Wheeler
Yamaha'.s Tritown personal mobility vehicle was far from the most eye-catching on the floor of the 2017 edition.
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