Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The global oil and gas industry has significantly increased the pace at which new projects are brought to peak production levels.
Read More »Global Peak Oil Demand Expected in 2036
Saudi Arabia and Kuwait will Form Co-operative Council
The two countries will probably resume production on two joint oilfields in the south of Kuwait.
Read More »OPEC Looking for Legal Strategy as U.S. Pushes Anti-Cartel Bill
OPEC pumps about a third of the world’s crude. and the biggest of its 15 members is Saudi Arabia. one of America’s closest friends in the Middle East.
Read More »Saudi Aramco is Looking to Buy a Stake in World`s No. 4 Chemical Firm
Aramco’s push into chemicals also includes a mega project it is building at home with SABIC.
Read More »IMF Raised Its Growth Forecast for Saudi Arabia
Oil exporters in the region have benefited from the improved outlook for oil prices.
Read More »Iran Denounce Saudi Arabia for Pumping `Above Target`
Last month. members of OPEC agreed to pump an additional 1 million barrels of crude daily.
Read More »Saudis Offer Extra Oil in Asia as OPEC Leader Pumps More
Saudi Arabia’s compliance with OPEC’s output-cut deal fell to 26 percent in June.
Read More »Venezuela’s Oil Crisis
China has decided to invest &.25 million to help slow the decline underway in Venezuela.
Read More »U.S. Asks Saudi Arabia to Keep Oil Market Well Supplied
The U.S. is confident that it would be able to sanction Iran without market disruptions.
Read More »OPEC is Doing Best to Supply Market
It’s unfair to say that OPEC is not doing its part.
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