Middle Eastern oil producers, including Saudi Arabia, Iraq, and Kuwait, will increase crude oil shipments to India in December. This strategic move allows the Organization of the Petroleum Exporting Countries (OPEC) m...
Iran’s Oil Minister, Bijan Zanganeh, said that the country’s oil and condensate revenues are expected to reach $41b in the country’s current fiscal year ending on 20 March 2017, Kallanish Energy reported. Zanganeh des...
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project’s route and design to avoid waters controlle...