madaresharghi Malaysia’s state energy company Petroliam Nasional Berhad, or Petronas, forecast oil prices to be in the $50-60 range in its 2018-20 Activity Outlook report. “In our view, the oil ...

madaresharghi State-owned National Iranian South Oil Company has signed five memoranda of understanding with domestic scientific centers for research on increasing the recovery rate of oilfields. The signing ceremony was ...

madaresharghi Exxon Mobil is considering a foray into Egypt's offshore oil and gas, seeking to replicate rivals’ success in the country and boost its reserves, officials and industry sources said. ...

madaresharghi Budapest is keen on increasing oil purchases from Tehran in the future. Hungary’s Minister of National Economy Mihaly Varga made the statement on the sidelines of a meeting with ...

madaresharghi A consortium of Chinese and Hong Kong companies has signed an agreement with Iran's Industrial Development and Renovation Organization for a joint venture to produce solar photovoltaic panels in ...

madaresharghi OPEC and its allies outside the group will maintain their cuts in oil output until global production meets demand, Saudi Arabia’s Energy Minister Khalid Al-Falih said. The Organization of ...

madaresharghi Oil fell on Monday after US shale drillers added more rigs last week, but prices still held close to their highest since mid-2015, supported by an extension of output ...

madaresharghi Asian markets continue to remain the largest recipient of Iranian crude, as European customers account for around 40% of Iranian oil exports. Iran shipped 60% of its crude exports ...

madaresharghi In line with policies to provide the country's deprived and least-developed regions with natural gas, Zabol in the southeastern Sistan-Baluchestan Province will join the national gas network by next ...

madaresharghi Profiting from higher global energy prices, Iran is shipping out larger volumes of gas condensates, a type of ultra light crude, on the strength of additional supplies from the ...