OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday, three OPEC sources said, as producers balance expectations of a Continue Reading
Environmentalists and shareholders concerned about the risks of investing in oil in the energy transition were not the only winners of last week’s historic rebuke of Big Oil by investors Continue Reading
As agreed in early April, OPEC has been raising its oil production in May, but lower output in Nigeria, Angola, and Iran partly offset major increases from top producers Saudi Continue Reading
Iran and world powers have started what could be their final negotiations to revive a 2015 nuclear accord that limited the Islamic Republic’s atomic activities in return for sanctions relief. Continue Reading
Iran’s production of nuclear fuel plunged in recent weeks, the United Nations atomic agency reported on Monday, following alleged sabotage of its main nuclear facility in April that Tehran has blamed Continue Reading
Iran can boost its crude oil production to as much as 6.5 million barrels per day (bpd) when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister Continue Reading
The discovery of oil in three new wells in Turkey will add significantly to the country’s output, following Turkey’s biggest ever gas discovery just last year. Turkey’s energy sector is Continue Reading
Iran has started sending crude oil via the Goreh-Jask pipeline that passes by the Strait of Hormuz and ends at the port city of Jask in the Gulf of Oman, Continue Reading
The first Iranian oil shipment in years reached the U.S. shores in March, Reuters has reported , citing data from the Energy Information Administration. The data showed that more than Continue Reading
Iran presidential election on June 18 Zanganeh planning to leave office More oil could go to domestic refined output Iran could “easily” boost its oil production capacity to 6.5 million Continue Reading
