Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The idea to bump output has been advocated by Saudi Arabia and Russia.
Read More »Saudi Arabia Invites Russia to Join OPEC as Observer
Win-Win Deal for Russia & Saudi Arabia
Iran. OPEC’s third-largest producer. was against the agreement at first since the country is facing export-crippling US sanctions.
Read More »Russia in Talks to Build Gas Pipeline Uniting the Korean Peninsula
South Korea is interested in buying 10 billion cubic meters of gas per year from Russia.
Read More »Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Iranian Crude Exports Rise despite US Sanctions
Iran’s crude oil exports hit 2.7 million bpd in May. higher than its average volumes over the past year.
Read More »Russia’s Natural Gas Pipeline to Turkey will be Extended to Europe
The current Bulgarian government is regretting the decision to ditch South Stream.
Read More »Lebanon Launches Search for First Oil & Gas Reserves despite Israeli Threats
Lebanon and Israel’s dispute runs over a triangular area of around 860 square kilometers (332 square miles) of waters.
Read More »Washington Threatens Sanctions for Nord Stream 2
Europe has been very active in showing its support for gas transit revenue dependent Ukraine.
Read More »IAEA: Iran Implementing Nuclear Deal as UN. EU. Russia Back Agreement
The JCPOA ``continues to be the best way to ensure the exclusively peaceful nature of Iran’s nuclear program.
Read More »Russian Oil Producers to Make Money from China’s Yuan-Backed Crude Futures
China’s Finance Ministry even pledged to exempt nonresidents investing into the contract from taxes for up to three years.
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