Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity. following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
Read More »Oil Is Not a Weapon
Iranian oil minister Bijan Zanganeh warned against the use of oil as a weapon. calling for its free trade in international markets.
Read More »Global Oil Markets Well Supplied After Attack in Saudi Arabia
Energy Minister Prince Abdulaziz bin Salman announced production would be back online to normal levels by the end of the month.
Read More »Saudi Oil Supply Crisis. A Boon to Brazil
Brazil’s oil production is set to grow in the near term.
Read More »EU Invests €46m to Modernise Electricity System in Czechia
The project is expected to be completed in November 2023.
Read More »Iranian Companies to Stage Products. Capabilities at Exhibition on Syria’s Reconstruction
A host of Iranian companies and firms will participate at the 5th edition of Re-Build Syria Expo which is slated to start on Tuesday.
Read More »Iraq Denies Using Its Territories to Attack Saudi Oil Facilities
Iraq calls on all parties to stop carrying out reciprocal attacks and causing huge human and facility losses.
Read More »Iran Raps Europe for Not Delivering on Economic Promises
Iranian Interior Minister Abdolreza Rahmani Fazli criticized the European countries for not following through with their economic commitments to Tehran.
Read More »IEA Releases Latest Review of US Energy Policies
The abundance of low-cost natural gas has resulted in gas-fired generation overtaking coal-fired generation in the power sector.
Read More »Iran Sanctions Relief wouldn`t Prompt OPEC+ to Discuss Oil Cuts
Iran'.s crude exports and production have plummeted because of the sanctions.
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