Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Rosneft has abandoned its plans to invest in the Eastern Petrochemical Complex (EPC) in the Far East.
Read More »Russia’s Largest Petrochemical Project Declared Unprofitable
Exxon Mobil could Replace Russian Gas in Romanian Black Sea
Hungary is forced to import natural gas. 85 per cent of which is consumed by households.
Read More »Too Early to Assess Impact of U.S. Iran Sanctions on Market
The OPEC+ alliance feels that it’s still too early to assess how the end of the U.S. waivers for Iranian buyers will impact the oil market as of this month.
Read More »Gazprom Discovers New Yamal Offshore Fields
The fields are located in the Kara Sea and hold 390.7 bcm and 120.8 bcm respectively.
Read More »Putin Prepares to Withdraw Support for Maduro
PDVSA is trying to retool the upgrades to process a simpler form of heavy oil.
Read More »Gazprom Retains Leadership Among Russian Companies in Forbes Global 2000
ICBC. China’s bank. is topping the Global 2000 ranking for the seventh year in a row.
Read More »Iran has Right to Partially Suspend Nuclear Deal Commitments
Iran has the right to partially suspend its commitments under the 2015 nuclear deal.
Read More »Austria Welcomes US LNG. But Not as Substitute to Nord Stream 2
The US has repeatedly attempted to derail the project.
Read More »Moscow Calls on All Countries to Keep Buying Iranian Oil
The administration of US President Donald Trump has long sought to squeeze Iranian oil exports out of the oil market.
Read More »Russia Reaches OPEC+ Oil Output Target by Late April
Russia is the only participant that can reduce production gradually as was the case in 2017.
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