Iran


All posts for Iran

Field Activity Levels Increase in Iran Amid Talks of Sanctions

Iran has been ramping up activity at key oil fields as a US decision on sanctions looms. A similar surge occurred after the sanctions were lifted in 2016, as Iran ramped up output to 3.8 MMb/d. Iran inventories have crept up since October 2017, reaching  26.8 MMb in March. Exports have avera ...

Kayrros


Posted 14 days agoOpinion > IranUnited StatesSanctions +11

US Leads Globally in Planned Polyethylene Capacity Additions to 2022

Analysis of the global planned polyethylene capacity shows that the US has the highest planned polyethylene capacity additions globally with 9.4 million tonnes per year (mtpa) during 2018 to 2022, followed by Iran and China with 5.8 mtpa and 4.4 mtpa respectively, according to GlobalData , a lea ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > United StatesUSGlobalData +3

Over $21bn of capex to be spent on Iran’s oil projects by 2021, says GlobalData

Analysis of crude oil production in Iran shows that approximately $21bn in capital expenditure (capex) will be spent by Iran on oil projects between 2018 and 2021, to ensure that production grows to around 4.9 million barrel per day (mmbd) in 2021, according to GlobalData , a leading data and an ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > GlobalDataCAPEXCrude oil +6

OPEC Feb Crude Output 32.39 Mil b/d, Down 70,000 b/d From Jan: S&P Global Platts Survey

OPEC FEB CRUDE OUTPUT 32.39 MIL B/D, DOWN 70,000 B/D FROM JAN: S&P GLOBAL PLATTS SURVEY VENEZUELA FEB OUTPUT LOWEST IN S&P GLOBAL PLATTS SURVEY HISTORY, ASIDE FROM 2002-03 STRIKE LIBYA FEB CRUDE PRODUCTION HIGHEST IN NEARLY FIVE YEARS: S&P GLOBAL PLATTS SURVEY   London (Platts)--06Mar2018/530 a ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > OPECCrudeOutput +7

Whether We Like It Or Not, Events Do Impact Oil Prices

This last week we've seen a number of significant events in the oil industry. A tanker fire and oil spill off the coast of China, President Trump's decision to ban drilling off the coast of Florida, and oil prices have now risen to their highest level since 2014. In the oil business it's easy to ma ...

Scott Johnson


Posted 4 months agoOpinion > oil priceIranDonald Trump +2

Gazprom Inks Documents for Cooperation in Iran

A Gazprom delegation headed by  Alexey Miller , Chairman of the Company's Management Committee, paid a working visit to the Islamic Republic of Iran today. In the course of the visit, Alexey Miller met with Bijan Namdar Zangeneh, Iran's Minister of Petroleum. The parties confirmed their interest i ...

OilVoice Press - OilVoice


Posted 5 months agoPress > GazpromIranIslamic Republic of Iran +2

Dr. Daniel Fine on Oil and Gas: Prices and Supply Short of War in Middle East

One day after the OPEC annual meeting, although composed for publication two weeks ago, this column moves the clock forward to early 2018.  There is a background noise of regional “hybrid war” intruding on the market price of World and West Texas Intermediate oil. Most analysts both commercial and ...

Will Fine


Posted 5 months agoOpinion > Kingdom of Saudi ArabiasaudiSaudi Aramco +89

Geopolitics Is Rearing Its Head Again In Oil

Brent and WTI prices are now at their highest levels in two years. With Brent almost touching US$65/b and WTI within shot of US$60/b, this is cheer for the market, where most participants had resigned themselves to a prolonged period of US$50/b oil. There are several factors propelling this rise. OP ...

Easwaran Kanason


Posted 6 months agoOpinion > WTIOPECBrent +5

The 5 Countries That Could Push Oil Prices Up

By Nick Cunningham for Oilprice.com Oil prices appear to be stuck in the $50s per barrel, but that doesn't mean there aren't serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopo ...

Oilprice Staff


Posted 6 months agoOpinion > oil priceIraqIran +4

SPE Seminar: An Introduction to Iran Upstream Openings

The hydrocarbon prize is huge, with 157 billion barrels of proven oil reserves and 1,200 trillion cubic feet (34 trillion cubic meters) of gas reserves, Iran offers unprecedented “company maker” opportunities. Despite having more than a century of experience of oil production, the Iranian energy se ...

OilVoice Press - OilVoice


Posted 7 months agoPress > IranupstreamHydrocarbon +1

A remarkable new book about Middle East oil

‘An excellent, readable introduction to the history and development of oil in the Middle East, following in the footsteps of Daniel Yergin's authoritative study, The Prize . It is a complicated story but Quentin Morton handles it well with engaging, insightful, and humorous details that bring the b ...

Michael Morton


Posted 8 months agoPress > Middle EastSaudi ArabiaIran +8

Nigeria and Libya could be forced to share OPEC output cuts as Saudi placates Iraq

A Saudi bid to shore up Iraqi support for a nine-month extension of an OPEC output deal could see Nigeria and Libya forced to share the burden of cuts. The two countries are currently exempt from self-imposed cuts agreed by the oil cartel as they restore capacity following domestic conflicts. Follo ...

Bayo Okoya - Delta Analytics Lagos


Posted 11 months agoOpinion > OPECSaudi ArabiaIraq +3

Alderley to exhibit at the Iran Oil Show 2017

Alderley, a leading designer and manufacturer of bespoke packages for the onshore and offshore oil and gas industry, will be exhibiting at the 22nd Iran International Oil, Gas, Refining and Petrochemical exhibition from the 6th – 9th May 2017. Alderley have just re-entered into the Iranian market s ...

Nicole Boys


Posted 1 year agoPress > AlderleyIran Oil Show 2017Iran +1

The Caspian Sea Region; Where Politics and Energy Collide

NB Intelligence has released a new CaspianOil Special Report 2017, focusing on risk and issues associated with existing and prospective fields in the region. The Report focusses on the wider Caspian Basin, which includes both onshore and offshore fields in the five countries that share it – Azerbai ...

Sarah Price


Posted 1 year agoPress > Caspian Oil & GasKazakhstanIran +4

PressTV-Iran to sell oil at $50 per barrel next year

Iran's President Hassan Rouhani, who presented the budget bill to the Parliament on Sunday, portrayed a positive picture of the country's oil revenues for the next year. Rouhani emphasized that the prospects will be specifically positive in light of the country's recent “victory” in OPEC to move ...

Adam Marmaras - OilVoice


Posted 1 year agoLink > Iranoil price