OPEC officials have repeatedly said the group does not target a specific oil price.
Read More »Iran Regaining OPEC’s Market Share
Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.
Read More »Russia’s Lukoil Targets Middle East Oil Expansion
Lukoil is actively looking for growth opportunities in the Middle East.
Read More »Oil Prices Slip 1 Percent
The oil market remains focused on the global rebalancing act.
Read More »(P)GCC to Pump $320b into Power Projects
The UAE. Saudi Arabia and Kuwait have emerged as the biggest solar markets in the region.
Read More »Non-Oil Exports Raise to $38bn in 11 Months
China marked the largest buyer of Iranian products by purchasing goods worth of 7.298 billion dollars in the past eleven months.
Read More »Japan Receive Naphtha Cargo From Iran
The EU restrictions made it difficult for Japanese importers to take in Iranian oil products.
Read More »Iran Overtakes Saudi Arabia in Oil Export to South Korea
South Korea’s imports of crude oil from Iran doubled in January. the latest figures said.
Read More »Iran. Oman Gas Pipeline Not to Cross UAE
Parts of the exported gas are due to be transferred to the target markets after being turned into the liquefied natural gas (LNG).
Read More »NITC Vessel to Berth in Indonesia
The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.
Read More »
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