Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The surge in demand is luring spot cargoes from places such as Norway and Nigeria that are not traditional LNG sources for China.
Read More »China`s LNG Imports Rise
Iraq Wants To Build Gas Pipeline to Kuwait in Blow to Shell
Iraq is furious at Shell and prospects don’t look that great for the Basra gas company.
Read More »Venezuela`s PDVSA in Talks to Supply Gas to Neighbors
Venezuela injects most of the natural gas it produces back into oilfields to help maintain pressure and crude output.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
Saudi Aramco has been building refineries integrated with chemicals to boost their economics by adding high value products to the supply chain.
Read More »Iran Says Majority of OPEC Members Support Extending Oil Production Cuts
The majority of members support the extension of the plan. but the final decision should be taken at the next OPEC meeting.
Read More »Saudi Aramco Shuts Jeddah Refinery Indefinitely
One source said the facility would be mothballed.
Read More »Essar’s Oct. Iran Oil Imports Fall
Essar Oil’s imports from Iran in October were about 88% higher than the previous month.
Read More »Oil Edges Up as Expected Extension of OPEC Cuts Counters Rising U.S. Supplies
U.S. West Texas Intermediate (WTI) crude futures were at $55.39 a barrel. 6 cents up from their last settlement.
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