Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The Italian firm said the joint company will have a daily production of around 180.000 barrels of oil equivalents.
Read More »Eni Agreed to Merge Its Norwegian Business with Point Resources
Iran to Let Private Sector to Export Oil to Help Beat U.S. Sanctions
Iranian crude will be offered on the bourse and the private sector can export it.
Read More »Iraq Oil Exports from Southern Ports Rise to 3.521 Million bpd in June
Iraq exported 3.490 million bpd of crude oil in May.
Read More »South Korea Shortlisted for Saudi Arabia`s Nuclear Project
The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.
Read More »Iran Asks OPEC Members to Abstain from Unilateral Actions
Iran had been pushing hard for oil producers to hold output steady as U.S. sanctions are expected to hit its exports.
Read More »U.S. Sanctions will not Stop Gazprom Financing of Nord Stream 2
The new pipeline will double Russia’s export capacity of 55 billion cubic metres to Germany.
Read More »China CNOOC Plans to Build LNG Terminal in East China
CNOOC. parent of CNOOC Ltd. is China’s largest operator of LNG import terminals.
Read More »Despite Challenges. Trans-Korea Gas Pipeline Project Reappears
State-run Korea Gas Corp (KOGAS) and Russian state gas company Gazprom will conduct a joint pipeline study.
Read More »Mike Muller. Former Shell Oil Trading Boss Joins Vitol
Vitol is seen as one of the largest crude traders in the North Sea.
Read More »India OMCs. OVL’s Farzad-B to take hit
The sanctions are to be operational in November sans any exemptions.
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