Iranian President Hassan Rouhani underlined that the government and private sectors should help the country boost its non-oil exports to foreign states in the next Iranian year (to start on March 21).
News ID: 3761 Publish Date : 2019/02/26
The National Iranian Drilling Company (NIDC) has completed drilling operations for 123 oil and gas wells over the course of the first 11 months of the current calendar year, which began on March 21.
News ID: 3760 Publish Date : 2019/02/26
Crude oil exports from Iraq’s southern ports on the Persian Gulf stand at around 3.565 million barrels per day so far in February, two oil executives told Reuters on Monday.
News ID: 3748 Publish Date : 2019/02/26
The UK's Unite trade union on Saturday approved plans for industrial action at Total's North Sea oil and gas fields, including the Shetland Gas Plant, as a dispute over offshore rotas flared up again.9
News ID: 3735 Publish Date : 2019/02/25
The number of greenfield oil and gas projects to get their final investment decision could rise threefold in 2019 all over the world, Norwegian energy consultancy Rystad Energy has forecast.
News ID: 3734 Publish Date : 2019/02/25
US crude oil production hit a record 12 million bpd in the week ending February 22, rising by 100,000 bpd from 11.9 million bpd in the previous week, the weekly US Energy Information Administration petroleum data showed as American production is growing faster than forecasts suggested a few months ago.
News ID: 3722 Publish Date : 2019/02/24
Secretary of Iran's Supreme National Security Council (SNSC) Ali Shamkhani said his country does not plan to block off the oil lifeline in the Persian Gulf, but meantime stressed that if needed, sealing the Strait of Hormuz won't be Tehran's only option.
News ID: 3718 Publish Date : 2019/02/23
Japanese refiners are seeking clarity on whether there will be an extension to the 180-day sanctions waiver from Washington in March, as they hope to continue buying Iranian oil without any disruption, Petroleum Association of Japan's president Takashi Tsukioka said Friday.
News ID: 3711 Publish Date : 2019/02/23
Atop US official discussed this week South Korea’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting a diplomatic source.
News ID: 3710 Publish Date : 2019/02/23
The Persian Gulf Star Refinery (PGSR) in Southern Iran is now producing 103 million liters of high-quality gasoline per day with its 3 phases in full swing, a senior energy official said, adding that the 4th phase of the mega refinery will go on stream by 2 years.
News ID: 3691 Publish Date : 2019/02/21
Iranian crude oil exports in January were higher than expected, while February shipments so far have been holding steady or even higher compared to last month, as several of Iran’s customers are using up their US sanction waivers to continue importing Iranian oil.
News ID: 3683 Publish Date : 2019/02/21
Oil prices slipped away from 2019 highs on Wednesday, with surging US supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington’s sanctions on Iran and Venezuela.
News ID: 3682 Publish Date : 2019/02/21
Qatar Petroleum signed preliminary deals worth more than $2.47 billion on Monday with oil services firms Schlumberger and Baker Hughes to boost the local energy industry.
News ID: 3681 Publish Date : 2019/02/20
Qatar's ultra-light crude oil grades bore the full brunt of the recent return of Iranian condensate supply, with spot differentials for deodorized field condensate hitting multi-year lows, but uncertainty over the renewal of Iranian sanctions waivers could prop up the Qatari grade in the near term.
News ID: 3680 Publish Date : 2019/02/20
Iranian Oil Minister Bijan Zangeneh said the country has reached self-sufficiency in producing gasoline.
News ID: 3662 Publish Date : 2019/02/18
The three most closely watched oil market forecasters are all bracing for a significant upsurge in non-OPEC supply growth in 2019 but differ on the extent that global oil supply will outweigh demand.
News ID: 3651 Publish Date : 2019/02/17
India has asked one buyer of Venezuelan oil to consider paying the South American nation’s national oil company PDVSA in a way that avoids the US financial system, an Indian government source said, after Washington imposed fresh sanctions on Venezuela last month.
News ID: 3650 Publish Date : 2019/02/17
Brent crude oil briefly reached 2019 highs above $65 per barrel on Friday, as OPEC-led supply cuts and the announcement of a higher-than-expected cut by Saudi Arabia this week encouraged investors.
News ID: 3638 Publish Date : 2019/02/16
South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
News ID: 3637 Publish Date : 2019/02/16
Venezuela's oil minister is in New Delhi this week hoping to convince India's key refiners to buy more of its crude and forge closer ties as the South American nation finds itself internationally isolated after the US imposed crippling sanctions on state-owned PDVSA last month.
News ID: 3618 Publish Date : 2019/02/14
