Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The Kingdom is closely monitoring recent developments in the oil market.
Read More »Growing Producer Consensus to Stabilize Market
OPEC: Declining US Market Share Trend Continued in 2018
The group'.s total output declined by 1.3% last year.
Read More »Iran to Offer 2mln Barrels of Condensate on Energy Bourse
Iran is due to offer a large cargo of condensate to domestic buyers through its energy bourse on Monday. in a direct sale to bypass the US unilateral sanctions.
Read More »Tehran Complains to ICAO about Plane Fuel Ban
Tehran lodged a complaint with the International Civil Aviation Organization (ICAO) over certain countries'. refusal to supply fuel to Iranian passenger planes.
Read More »Opportunity for Russia. China amid Trade War
US liquefied natural gas (LNG) was hit with a tariff of 25 percent. the highest rate in the Chinese countermeasures.
Read More »Iran. Turkey Work on Pact to Ditch Greenback in Bilateral Trade
Iran has the world'.s second-largest proven reserves of natural gas.
Read More »Chevron Seeks Relief from Trump`s Venezuela Oil Sanctions
Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business in oil-rich Venezuela.
Read More »Japan’s Iranian Oil Imports are Plunging
Preliminary data released by Japan’s Ministry of Finance showed that the country’s crude oil imports from Iran dropped 42 percent.
Read More »Iran. Turkey to launch new bilateral trade ties
Iranian Ambassador to Turkey Mohammad Farazmand said Iran and Turkey are to maintain bilateral trade with new financial mechanism.
Read More »Saudis Raise Oil Prices to Asia as Demand Spikes
Emboldened by strong prompt demand amid tighter oil supply due to the U.S. sanctions on Venezuela and Iran.
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