Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.
Read More »UAE Energy Minister Plays Down Impact of US Withdrawal from Iran Deal on OPEC
ADNOC to Become Leading Global Downstream Player
Plans are well advanced to expand the complex’s refining capacity by more than 65%. or 600.000 bpd by 2025.
Read More »ADNOC Drilling to Set Up Partnership with Baker Hughes
ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.
Read More »OPEC Oil Capacity ‘Buffer’ to Offsetting Iran Sanctions
A U.S. withdrawal from the Iran nuclear accord could lead to 1 million barrels off the market.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
Read More »Shinzo Abe Praises Relations with Oil-Rich UAE
About a quarter of all oil imports for Japan come from the UAE.
Read More »Japan Imported 25.997 Million Barrels of Crude Oil from UAE in March
Arab oil accounted for 84.943 million barrels or 85.2 percent. of Japan’s petroleum needs in March.
Read More »ADNOC. Austria`s OMV ink $1.5bn Offshore Agreement
The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.
Read More »Iraq Awards UAE. China Rights to Develop Oil in Northeast
Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.
Read More »Oil Market in the Process of Being Balanced
OPEC and non-OPEC producers are restraining production by a total 1.8 million barrels per day to prop up prices under a deal that is to expire at the end of 2018.
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