Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Earlier this year. Qatar agreed to increase its stake in Rosneft to almost 19 percent.
Read More »Rosneft Sees Chance to Lift Global Oil Market Share
OPEC Meet in Vienna Today
The 14-nation OPEC cartel and its 10 non-member partner nations. known as OPEC+. together account for more than 50 percent of the world'.s oil supply.
Read More »Iranian Oil Minister Says He Got `What I Wanted` in OPEC Output Deal
OPEC and its 10 non-OPEC partners have agreed to restore compliance with their production cuts to 100%.
Read More »OPEC Reaches a Deal to Hike Output
Saudi'.s Falih suggested negotiations will take place between countries with spare capacity to increase production and those unable to do so.
Read More »Japan could End Iran Oil Loading from Oct without Exemption from U.S. Sanctions
In the wake of the last sanctions on Iran. financial institutions became very conservative.
Read More »Oil Declines as Iran Signals Support for Small OPEC Supply Increase
OPEC. together with other key producers including Russia. started withholding output in 2017 to prop up prices.
Read More »Higher Oil Supply Acceptable if Justified by Demand and Agreed by All OPEC
An increase because of external pressure on OPEC is not acceptable.
Read More »Oil Price Steady Ahead of OPEC Meeting
The market is now stuck in an OPEC-wary condition.
Read More »Libya has Lost 450.000 bpd of Oil due to Clashes
Libya has lost 450.000 barrels per day (bpd) of oil production due to clashes at the oil terminals of Es Sider and Ras Lanuf.
Read More »U.S. Oil Pipeline Companies. Producers Seek Relief from Steel Tariffs
There’s lots of concern that the increased cost in pipe will increase the costs for oil.
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