Venezuelan President Nicolas Maduro yesterday (16 November) attended an agreement signing ceremony with representatives of two oil companies – Venezuelan Delta Petroleum and India’s ONGC
Tag: Iran
Total First Western Energy Company to Strike a Deal with Iran
Total, French oil and gas giant, will be the first Western energy company to strike a deal with Iran. The company’s CEO, Patrick Pouyanné, made
OPEC to Meet Russia: Doubts about the Freeze on Rise
Energy ministers of OPEC members – Saudi Arabia, Iran and Iraq – will be meeting with their Russian counterpart for informal talks next week during
Market Update: Oil Output Freeze Looming Over
The OPEC’s Secretary General said yesterday (20 September) that a possible deal aiming to prop up oil prices could last for one year. The cartel
Iran Reconsidering an Output Freeze as Production Stagnates
The new data has showed that Iran’s accelerating oil production has stalled in the past quarter as the country is struggling to meet its objectives
Saudis Pondering an Output Freeze
Saudi Arabia is considering offloading a stake in the state-run producer Aramco after two years of an oil price war. This change comes as OPEC
Iraq Considers Oil-Swap Deal with Iran if Talks with Kurds Fail
Iraqi Oil Ministry said that it would consider selling its crude through Iran if the upcoming negotiations with the autonomous Kurdish region on an oil
OPEC Sees Oil Market Rebalancing
Mohammad bin Saleh al-Sada, Qatar’s Minister of Energy and Industry, said yesterday (8 August) that the oil market was on the path to rebalancing despite
Saudi Arabia Again China’s Number One Crude Exporter
Saudi Arabia has regained its position of China’s number one oil supplier after having been defeated by Russia in the second quarter of this year.
Iran Sends its First Oil to China’s Teapots
According to trade sources, the battle among oil suppliers to satisfy the rising demand for imports from China’s independent refiners is being heated by the