Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iran’s Oil Minister Bijan Zanganeh told Reuters at the event that there is ``no objection`` to the proposal for deeper cuts.
Read More »Venezuela to Invite More Countries to Join Output Cuts
Who Is Winning the Market Share War In China?
The market share that Saudi Arabia has lost in China is a result of the Kingdom’s current policy to try to boost oil prices.
Read More »OPEC`s Barkindo Lauds OPEC Non-OPEC Compliance with Oil Output Cut Deal
The global oil cartel was looking forward to strengthening its cooperation with Russia.
Read More »Saudi King Heads to Russia. with Oil. Investment and Syria on Agenda
Moscow said last month it had discussed with Riyadh extending the deal but no specific decisions had been made ahead of a Nov. 30 producers’ meeting in Vienna.
Read More »Iraq Eyes Restarting Production at Nineveh Oil Fields
The region was retaken from Islamic State militants in August 2016. two months before the launch of an offensive on the city of Mosul itself.
Read More »Iraq Eyes Restarting Production at Nineveh Oil Fields
The region was retaken from Islamic State militants in August 2016. two months before the launch of an offensive on the city of Mosul itself.
Read More »Libya’s Sharara Oil Field Closed Again. 230.000 Bpd Output Offline
At the beginning of last month. Sharara had resumed production following a two-week halt.
Read More »ISIS Sets Fire to Oil Wells Near Iraq’s Kirkuk
The Allas oil field just south of Hawija has been one of the main sources of revenue for Islamic State militants.
Read More »Russia. China to Benefit from U.S. Sanctions On Venezuela
Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.
Read More »Aramco IPO Could End OPEC Status Quo
In the meantime. the Saudis have lost some of their market share. both to Russia and Iraq.
Read More »