Production from the nation’s major shale plays is expected to rise by almost 100.000 bpd month-on-month in November.
Read More »Oil Prices has Softened as Fears over Iran. Saudi Pacify
The United States has softened its insistence on forcing Iran'.s exports towards zero.
Read More »Russia Talks New Energy Project with Exxon amid Looming US Sanctions
The US energy giant is currently participating in just one major project – Sakhalin-1.
Read More »Turkey`s Tupras in Talks with U.S. for Iran Sanctions Waiver
Turkey imported around 97.000 barrels per day of Iranian oil in August and 133.000 bpd in September.
Read More »U.S. Oil Service Firms Face Tough Quarter despite High Crude Prices
Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.
Read More »India Devises Oil Strategy to Buy Crude from Iran
India. the world’s third-biggest oil consumer. meets more than 80 per cent of its oil needs through imports.
Read More »Washington shouldn`t Interfere in European Energy Policy
The German government said last week it continues to regard the Nord Stream 2 pipeline as a useful project.
Read More »U.S. Gulf of Mexico Oil and Gas Output Increasing after Hurricane
Offshore production in federal waters of the U.S. Gulf of Mexico accounts for 17 percent of total U.S. crude output.
Read More »Oil Rises as Saudi Arabia Threatened to Retaliate any Sanctions
Crude has retreated more than 5 percent after reaching a four-year high earlier this month.
Read More »Iran Plays Down Impact on Economy from US Sanctions amid Rising Oil Prices
Iran has sold Rials 422.3 trillion worth of crude oil in the five-month period. up Rials 78.7 trillion on the year.
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