According to the report of Iran'.s embassy in Russia. the two sides underlined expansion of bilateral ties. especially in the field of energy.
Read More »OPEC Deal Extension May Be Unnecessary
The current reduction deal is sufficient to achieve the desired purpose.
Read More »Gazprom Neft Unhappy with OPEC-Russia Production Cut Deal
In Iran. Gazprom Neft has field plans to develop two oil fields— Changouleh and Cheshmeh Khosh.
Read More »Asia Oil Buyers Turn to U.S. in Hunt for Cheap Supply
China remains the largest buyer with four tankers. followed by three to South Korea and two to India. The remaining two could head to Singapore. the data shows.
Read More »Trump Just Made Iran a Wildcard
A potential military confrontation in the Arab Persian Gulf should not be ruled out. It will unquestionably block oil and gas lanes. and spike oil prices to unknown levels.
Read More »India-Iran Relationship Very Stable. Oil Payment Issues Resolved
There were several pending issues with Iran particularly relating to the oil payment. Most of them have been resolved.
Read More »Why Using Export Quotas in OPEC Risky?
Earlier. Barkindo said that in addition to production. it would be enriching also to look at other parameters such as export.
Read More »Civil War Looms in Iraq as Kurds Reinforce Oil-Rich Kirkuk after Rumors of Attack
Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.
Read More »Petronas Looks to Exit from Iraq’s Majnoon Field
The field. located near the southern Iraqi city of Basra. pumped its first oil in September 2013.
Read More »New Iran Sanctions Could Send Oil Prices Higher
U.S. sanctions could cut off a lot of Iranian oil trade finance.
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