Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
US crude production set to touch 9.9m bpd this month. well above EIA forecasts.
Read More »Shale Oil in Focus as OPEC Extends Deal
World Oil Market may Reach Full Stability in 2018
The Declaration of Corporation’ by Opec and non-Opec participating countries gave hope and stability to the market at a very critical time.
Read More »Vienna Is the Ultimate OPEC Smokescreen
Last week. news emerged about preliminary plans to build a $20 billion complex to convert crude oil to chemicals.
Read More »Vienna Producers` Meeting won`t be Easy
Oil market was in a much better position than it was last year. which was a result of producers complying with the cuts.
Read More »2 Gulf Oil Ministers Mum on Issue of Oil Production Cuts
Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.
Read More »ADNOC`s Distribution Unit could Raise as much as $2 Billion in IPO
ADNOC Distribution is the leading fuel distributor in the UAE. with a market share of around 67 percent in the country by number of retail fuel service stations.
Read More »Aramco Sees Oil Market Balanced as UAE Dismisses Shale Threat
Oil markets are on track to come into balance next year.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »Oil Markets ‘Need to Extend Output Cut Deal’
The UAE has not ceased oil investments since the onset of the price fall.
Read More »Abu Dhabi’s Adipec Draws Record Crowds as Oil Market Sentiment Improves
At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
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