- ASRY Awarded 2024 RoSPA Gold Medal in Health and Safety
- BP ponders shifting focus away from renewables, say sources
- QatarEnergy enters 10-year naphtha supply agreement with Japan’s ENEOS Corporation
- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
- Egypt to stop exporting LNG starting from the beginning of May 2024
- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
Iran
A new pipeline to transpor Iranian crude for export from the port of Jask on the Sea of Oman away from the Strait of Hormuz
A few days ago, Iranian President Hassan Rouhani announced the inauguration of a new line to export oil from the port of Jask on the Sea of Oman, with a length of 1,000 kilometers and a cost of $2...
Read more
Oil prices jump to $70 a barrel due to tension in the Gulf region
As tensions between the United States and Iran escalated, oil prices jumped to more than $70 a barrel. The immediate rise in prices was among the biggest jumps since the attack on Aramco oil...
Read more
Saudi Arabia and Kuwait agree to restore shared Oil Production in Neutral Zone
Kuwait and Saudi Arabia agree to stop the political dispute related to oil production from the fields of the Neutral Zone, which lasted for five years, and the agreements paved for the resumption of...
Read more
Iran’s oil exports are falling to a record level .. And Tehran follows the program “oil for food.”
Kayhan London newspaper revealed., “The proportion of oil exports to Iran reached almost 200 thousand barrels per day as a result of international sanctions imposed on the Iranian oil...
Read more
Oil may rise to $55 if all producers cooperate, says Iran
Oil may rise to $55 if all producers cooperate, says Iran Iranian Oil Minister Bijan Zanganeh expressed optimism about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if...
Read more
Iran’s first Vice President, Es’haq Jahangiri: Iran’s crude exports will reach 1.5 MMbpd by March 2016
Iran’s crude oil exports will reach 1.5 MMbpd next month as Tehran moves to benefit from sanctions relief. “Today, our oil exports have reached 1.3 MMbpd, which will reach 1.5 MMbpd by...
Read more
Iran: Oil production to hit 3.6mn bpd
Iranian Oil Minister Bijan Zanganeh has said Iran expects to raise oil output by 500,000 bpd as soon as sanctions are lifted and by a million bpd within months. A recent report issued by the...
Read more
Iran to add more gas pressure boosters by March 2016
Five gas pressure stations will become operational up to the end of the current Iranian calendar year (March 2016) with the aim of boosting gas transfer capacity of the country. Managing director of...
Read more
Iran’s natural gas processing rises
The National Iranian Gas Company has processed over 158 billion cubic meters of natural gas since the beginning of the current Iranian year (March 21, 2014). Planning director of the NIGC, Hassan...
Read more
South Korea imports first Iranian NGL in eight months
South Korea imported its first Iranian natural gas liquids (NGL) in eight months in March, customs data showed on Monday, after having halted shipments last July because of EU sanctions restricting...
Read more
