Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The US output is forecast to rise by 0.6 million b d and 1 million b d in 2017 and 2018. respectively. according to the report.
Read More »IEA Expects Non-OPEC Output to Expand
Neka Port Gets First Oil Swap Cargo in 7 Years
The company moved about 80 percent of the crude it pumps from its 44.000-45.000 barrels per day field through the swap deal.
Read More »EIA slightly lowers forecasts for OPEC oil supply
OPEC crude oil production is expected to average 32.53 million barrels per day in 2017 and 32.96 million barrels per day in 2018.
Read More »Iran Import. Export of 2.5 mln Tons of Oil Products
The country currently produces 513.500 tons of crude oil per day of which 230.000 tons are refined.
Read More »OPEC Oil Price Down
The price for September futures of West Texas Intermediate (WTI) dropped by 0.14 percent and stood at $49.09 per barrel.
Read More »Iran to Inaugurate Gas Pipeline in Northeast
The project is worth about $250 million. The entire amount is paid by local companies.
Read More »Shell Interested in Potential Business with Iran
Both Total and Shell have signed a memorandum of understanding (MoU) with Iran on Petrochemical sphere in 2016.
Read More »OPEC Oil Prices Rise
On July 26 oil prices continue rising.
Read More »OPEC Prices Fall
Between January and June 2017. the participating producing countries adjusted their production downwards by an estimated volume of 351 million barrels.
Read More »Iran Will Sign Contracts with Total. Shell on Petrochemical Projects
Total and Iran earlier signed a 20-year contract worth $4.8 billion to develop South Pars gas fields’ 11th phase.
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