News

The United States has announced new sanctions targeting non-Iranian entities that it claims have helped Iran dodge Washington ...
Iraq's Ministry of Oil has started work to expand the Diwaniya Refinery by adding a new 70,000-barrel-per-day (bpd) ...
Iraq has retendered contracts to develop two refineries that have a total estimated value of $5bn.
At least four contractors or consortia are vying for a major contract worth upto $5 billion for the next expansion phase of ...
Iranian Offshore Oil Co. (IOOC) has issued a tender to carry out repair and maintenance of wellhead and downhole equipment ...
The state-owned Dhi Qar Oil Company (DQOC) announced on Friday the implementation of an integrated production plan to develop three oil fields in the southern Iraqi province.
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, ...
Iraq’s cabinet decided on 1 July to halt domestic gas supplies to industrial users until the end of August, diverting all gas output to power plants ...
Iran’s Khazar Exploration and Production Company (KEPCO) has issued  a tender for overhaul, construction, and supply of ...
OPEC’s crude oil earnings fell to $550 billion in 2024, down 9% from the year before, according to a July 2025 report from ...
US Special Envoy Steve Witkoff plans to meet with Iranian Foreign Minister Abbas Araghchi in Oslo next week to resume talks ...
According to OPEC's Annual Statistical Bulletin 2025, which has been released recently,.... Iran with 208.6 Bln bbls.