NIOC, Pertamina to Negotiate LPG-Contract Renewal
The National Iranian Oil Company (NIOC) and Indonesia’s Pertamina are set to begin negotiations to renew a liquefied petroleum gas (LPG) contract.
Iran | Egypt Oil & Gas - Part 29
Russia, Iran Sign Energy Agreements Worth $30B
During a state visit by Russian President Vladimir Putin to Iran, the two countries announced preliminary energy agreements worth $30 billion.
Iranian Exports to Asia Hit 6 Month High
Iranian exports to China, South Korea, India, and Japan climbed 20% in September, compared to August, to reach 1.9 million barrels per day (b/d).
Some ME Oil Exporters Could Run Budget Surpluses
With rising oil prices, Iran, Iraq, Kuwait, and Qatar could run budget surpluses next year if prices remain stable.
Fire Kills 4, Destroys Drilling Rig at Iran’s Rag-e-Sefid
A fire on an oil platform in Iran’s Rag-e-Sefid oilfield killed four people.
Iran Looks to Export LNG
Iran signed a contract for the conversion of natural gas into liquefied natural gas (LNG) for export.
Fire at Iranian Refinery in Tehran Kills 6
A fire at an Iranian refinery in Tehran killed six workers and injured two more.
Iran’s Yadavaran Oilfield Producing 112,000 b/d
Production from Iran’s Yadavaran oilfield has reached 112,000 barrels per day (b/d).
Iran Wants to Extend Production-Cut Agreement
Iran favors an extension to the production-cut agreement between OPEC and some non-OPEC oil producers until the end of 2018.
Kuwaiti Oil Minister: Markets Steady Despite Concerns over Iraq & Iran
Despite simmering tensions in Iraq and uncertainty over the Iran nuclear agreement, world oil supplies have remained steady, according to the Kuwaiti Oil Minister, Essam El Marzouq.
