Iraq Raising Crude Exports to Make Up for Kirkuk Shortfall
madaresharghi Iraq said it was increasing oil exports on Saturday from the southern Basra region by 200,000 barrels per day to make up for a shortfall from the northern Kirkuk ...
OPEC, Allies Keep Options Open to Rebalance Markets
madaresharghi OPEC and its non-OPEC allies reiterated that all options to rebalance the oil market “are left open”, as the producers announced the highest level of compliance with their agreement ...
Sharp Drop in Iraqi Kurdistan Crude Exports
madaresharghi Oil exports from Iraq’s Kurdistan via the Turkish Mediterranean port of Ceyhan were still flowing at sharply reduced rates on Saturday and Sunday, two shipping sources told Reuters. Flows ...
Yadavaran Oilfield Total Output Tops 100 Million Barrels
madaresharghi Output from Yadavaran joint hydrocarbon deposit with Iraq located 70 kilometers west of the city of Ahvaz in Khuzestan Province near the Iraqi border has exceeded 100 million barrels ...
S. Korea President Pledges to Phase Out Nuclear Power
madaresharghi South Korea’s President Moon Jae-in said on Sunday the government will continue to phase out nuclear-generated electricity, following a public opinion survey that dealt a blow to his plans ...
Fossil Firms Need Stronger Policies to Go Low Carbon: BP
madaresharghi Fossil companies will need to see market-shifting government policies to move more quickly toward a low-carbon economy, BP Group CEO Bob Dudley told the Oil & Money Conference in ...
Zanganeh Says Iran Moving Ahead With Energy Projects
madaresharghi Iran is pushing ahead with plans to develop its petroleum projects as the country's foreign partners and the global crude market have shrugged off US President Donald Trump's decision ...
Iran Making Decision on Changuleh Joint Oilfield
madaresharghi The National Iranian Oil Company is weighing up whether to hand over the development rights of a joint oilfield in western Iran to European firms or Thailand's state oil ...
Gasoline Consumption Up 5%
madaresharghi Iranians consumed an average of 79 million liters per day of gasoline in roughly seven months, up 5.3% compared with the corresponding period of the last fiscal year (ended ...
Iran, Chinese Firm Sign PV Panel Deal
madaresharghi 74810 The Industrial Development and Renovation Organization of Iran and China's Znshine PV-Tech Company signed a memorandum of understanding on Sunday to set up an automated production line of ...