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Unlike traditional oil. shale oil is more capital-intensive.
Read More »US Shale Oil not Able to Replace Traditional Oil
Iran Has No Concerns over Reimposition of New U.S. Sanctions
America will not be able to carry out any measure against Iran'.s great and brave nation.
Read More »Study of US Oil Waivers Shows Market Needs Iranian Crude
The US sanctions were re-imposed on Tehran following the withdrawal of the United States from the Iran nuclear deal in May.
Read More »Turkey has not Received Notification Regarding Iran Sanctions Waiver
The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.
Read More »Chinese Oil Imports from U.S. Surge amid Declining Oil Purchase from Iran
Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).
Read More »Russian and U.S. Gas are in Germany`s Future Energy Mix
Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.
Read More »Iran Launches Oil Sales on Energy Exchange to Counter US Sanctions
China’s government told at least two of its state oil companies to avoid purchasing Iranian oil.
Read More »Oil Glut Is a Snapshot in Time
Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.
Read More »US Unable to Stop Iran Oil Exports
Iran exported 2.5 million barrels of oil per day in recent months.
Read More »ExxonMobil will Evaluate Hydrocarbon Resources in Georgia
Within the scope of the Agreement. the company will evaluate the potential of hydrocarbons in West Georgia.
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