oil

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Moscow and Tehran may soon agree upon conditions for the sale of 100,000 barrels of oil per day, according to the Russian energy minister.
News ID: 1203    Publish Date : 2017/08/20

Iran's Ghadir Investment Holding has signed a $7 billion agreement with Turkey's Unit International and Russia's state-owned Zarubezhneft to drill for oil and natural gas in Iran, the Turkish company announced on Tuesday.
News ID: 1188    Publish Date : 2017/08/17

Saudi Arabia is likely to support extending OPEC output cuts into the second half of 2017 in an effort to boost oil prices, according to a person familiar with the kingdom’s internal discussions.
News ID: 1089    Publish Date : 2017/04/13

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Tuesday the deal between OPEC and non-OPEC nations for cutting output could be further extended beyond June.
News ID: 1035    Publish Date : 2017/03/30

The announcement comes as Tatneft, Russia's sixth largest oil firm, signed a preliminary agreement earlier in the week to study Shadegan Oilfield in Khuzestan Province
News ID: 1024    Publish Date : 2017/03/10

Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, pumping in $7 billion in its biggest downstream investment outside the kingdom, the companies said on Tuesday.
News ID: 1011    Publish Date : 2017/03/03

Despite the easing of sanctions, NITC tankers reportedly faced restrictions in berthing at European oil terminals until recently and foreign vessels carried Iran's crude to Europe
News ID: 883    Publish Date : 2017/01/20

OPEC oil production fell in December but remains well above levels envisaged under a recent deal that took effect in January, the organization's monthly report showed on Wednesday.
News ID: 880    Publish Date : 2017/01/20

OPEC's oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria's oil industry and top exporter Saudi Arabia trimming exports.
News ID: 842    Publish Date : 2017/01/08

Reuters:
Iran has sold more than 13 million barrels of oil that it had long held on tankers at sea, capitalizing on an OPEC output cut deal from which it is exempted to regain market share and court new buyers, according to industry sources and data.
News ID: 840    Publish Date : 2017/01/08

Venezuela said it will cut 95,000 barrels per day of oil production in the New Year in fulfillment of a producers' deal to reduce global output and strengthen prices.
News ID: 815    Publish Date : 2016/12/30

Tehran's nuclear deal with the world powers undid an international sanctions regime that had allowed countries and individuals to pillage national resources and inflict harm on the struggling economy, a top presidential aide said.
News ID: 806    Publish Date : 2016/12/30

Iranian ports loaded and unloaded more than 93.5 million tons of oil and non- oil products
News ID: 802    Publish Date : 2016/12/30

Oil edged further above $55 a barrel on Tuesday, drawing support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday.
News ID: 797    Publish Date : 2016/12/29

Oil and gas development in Iran is attractive to foreign companies because of the relatively lower costs of oil and gas production/exploration in the country
News ID: 786    Publish Date : 2016/12/28

Russia's output of oil products is expected to fall by about 2.5% in 2017 due to further work on a massive refinery modernization program aimed at boosting fuel quality, a deputy energy minister said.
News ID: 783    Publish Date : 2016/12/28

The global offshore oil industry could cut exploration costs by more than 30% if it would just agree to use standardized equipment, according to the International Marine Contractors Association (IMCA).
News ID: 771    Publish Date : 2016/12/27

Gas y Petroleo del Neuquen SA, the oil and gas company owned by Argentina’s Neuquen province, plans to auction exploration rights to six blocks in the Vaca Muerta shale play, local media reported on Saturday, Reuters reported.
News ID: 767    Publish Date : 2016/12/27

Crude at $55 a barrel is the magic number for the oil and gas industry to turn around, Wood Mackenzie said in a new report, as the consultancy sounded an optimistic note on recent joint production cut announcements by OPEC and major non-OPEC countries.
News ID: 759    Publish Date : 2016/12/26

Should a long-term deal be signed, Iran is ready to supply 100,000 barrels of crude oil per day to Eni
News ID: 756    Publish Date : 2016/12/26

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