Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
Mike Muller. Former Shell Oil Trading Boss Joins Vitol
Vitol is seen as one of the largest crude traders in the North Sea.
Read More »Oil may Surpass $90pb if Iran`s Crude Exports Disrupt
US President Donald Trump sustained attempt to disrupt Iran’s oil exports would push crude prices above $90 per barrel.
Read More »Iran Says U.S. Efforts to Ban Iranian Oil as is Unsuccessful
Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.
Read More »Oil prices Decline. Market Tight on Disruptions. Record Demand
Analysts warn that the market has little spare capacity to deal with further disruptions.
Read More »Germans have Little Faith in the USA as a Supply Partner
The Germans consider Norway (71%). Canada (52%) and Russia (49%) to be the most reliable energy partners.
Read More »Qatar Petroleum Looks to Invest $20bn in US Oil and Gas Fields
The state-owned company is looking at both shale and conventional resources in the US.
Read More »US Wants India and Allies to Stop Importing Crude Oil from Iran by November 4
A State Department official said the US will not be granting waivers under the new sanctions regime.
Read More »US and Russia will Dominate Global Capital Expenditure on Pipeline to 2022
Analytics firm GlobalData says Canada. China and Nigeria will also make significant investments.
Read More »China-US trade Dispute to Hit VLCC Demand
Sinopec expects China'.s total crude imports from the US in value terms to more than double in 2018 due to strong demand.
Read More »