The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group’s production cuts and US sanctions on Venezuela and Iran, the International Energy Agency said in a report on Wednesday.
News ID: 3616 Publish Date : 2019/02/14
Aflurry of intensifying risks could trigger an energy market "crunch" over the coming months, according to the chief executive of BP.
News ID: 3615 Publish Date : 2019/02/14
The US is pressuring Iraq to stop buying energy from its neighbor Iran, in what has become a major point of conflict between Washington and Baghdad.
News ID: 3606 Publish Date : 2019/02/12
Russian oil output declined to 11.38 million barrels per day in January, or by around 35,000 bpd from the October 2018 level, the baseline for the global oil accord, missing the deal’s target, Energy Ministry data showed on Saturday.
News ID: 3530 Publish Date : 2019/02/03
Teck Resources, (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada’s largest diversified miner, announced late on Thursday it expected fourth-quarter profits to be significantly below estimates, due to the low price of Canadian oil at the end of 2018, issues at its operations in Trail, B.C., and a decline in commodity prices.
News ID: 3529 Publish Date : 2019/02/03
Iranian Ambassador to Beijing Mohammad Keshavarzzadeh underlined his country's vital role in secured energy supplies to China.
News ID: 3495 Publish Date : 2019/01/30
2019 could go down in history as the year mining companies stopped anchoring their strategic planning around producing the highest volumes of ore at the lowest possible cost, and understood that focusing on the composition of their portfolios to offer a unique investment opportunity was the key to success, a study published Tuesday shows.
News ID: 3468 Publish Date : 2019/01/29
Residents of the Combayo community, located in the Cajamarca department of northern Peru, announced a protest for February 6, 2019, against Minera Yanacocha, owned by Colorado’s Newmont Mining Corporation (NYSE: NEM), Peru’s Buenaventura, and the World Bank's International Finance Corporation.
News ID: 3347 Publish Date : 2019/01/21
Representatives from Iranian and Austrian energy companies reached news agreements in a 4-day meeting in Vienna where they held the 5th joint workgroup of the two countries, said Iranian Foreign Ministry Spokesman Bahram Qassemi on Friday.
News ID: 3319 Publish Date : 2019/01/18
North China's Hebei province reduced its crude steel capacity by 12.29mn t/yr in 2018, exceeding its target of 12mn t/yr set earlier in the year.
News ID: 3188 Publish Date : 2019/01/07
Iranian Energy Minister Reza Ardakanian, in a meeting with Afghanistan's Deputy Minister of Energy and Water Khan Mohammad Takal, exchanged views on ways to bolster bilateral cooperation in the water and energy sectors.
News ID: 3185 Publish Date : 2019/01/07
Commodities had another poor year in 2018, hurt by substantial losses in energy and base metals, and raw materials will head into January burdened by concerns global economic growth is poised to slow.
News ID: 3140 Publish Date : 2019/01/02
Turkey’s foreign minister objected to the Trump administration’s demand that it slash imports of Iranian petroleum products in six months, arguing that the time frame is too tight given his country’s reliance on its neighbor for energy supplies.
News ID: 2720 Publish Date : 2018/11/27
Iraq has agreed with Iran to exchange Iraqi food items for Iranian gas and energy supplies, two Iraqi government officials said on Wednesday.
News ID: 2613 Publish Date : 2018/11/15
Import prices of petroleum coke have decreased substantially over the month, though India’s domestically produced pet coke prices have continued to remain unchanged from the rates that prevailed since the start of this month.
News ID: 2559 Publish Date : 2018/11/09
Average prices of Iranian crude oil have soared by around $12 per barrel in 2017 from the previous year, the Oil Ministry said, reflecting an upward trajectory in global prices of the energy commodity.
News ID: 1655 Publish Date : 2017/12/11
India wants to attract foreign investments for $300 billion of energy projects planned for the next decade, its oil minister said, as the world’s third biggest oil consumer aims to cut imports.
News ID: 1418 Publish Date : 2017/10/12
Iran seeks $250 billion investment in infrastructures, oil, gas and different industries, chairman of the board of IMIDRO announced.
News ID: 1396 Publish Date : 2017/10/08
The impending initial public offering of shares in Saudi Aramco, the world’s biggest oil producer by volume, will be a bellwether for investors’ belief in humanity’s readiness to curb the carbon emissions set to disrupt centuries of stable climate.
News ID: 1210 Publish Date : 2017/08/21
Agreements have been signed with companies from Germany, Italy and South Korea to benefit from their assistance during the second phase of building new cities in Iran
News ID: 1184 Publish Date : 2017/08/16