The U.S. sanctions on Venezuela will limit oil transactions between Venezuela and other countries.
Read More »Iran Opens 1st Dimethyl Carbonate Chemical Production Unit
The Dimethyl Carbonate Ammonium Hydroxide is used as a solvent in adhesives and paints industry.
Read More »Iran Oil Development. Unstoppable
Iran'.s oil industry had continued its development process despite sanctions over the past years and decades.
Read More »India Surpasses China in Increasing Oil Demand
OPEC forecasts India'.s crude oil demand will expand to 5.8 million barrels per day by 2040.
Read More »Dubai Home to First Solar-Powered Hydrogen Facility in Mena
The move is the latest involving Siemens in the GCC.
Read More »Trump Uses Oil Sanctions to Force Maduro to Step Aside
Russian energy giant Rosneft has loaned more than $6bn to PDVSA.
Read More »Rosneft will Invest in Iraq’s Kurdistan amid Crisis
The total recoverable oil reserves at five blocks may amount to 670 million barrels.
Read More »BP Bows to be Consistent with the Paris Climate Agreement
The additional reporting specified in the resolution will build on BP’s history of progressive action in this area.
Read More »Russia Needs Legal Guarantees from EU to Start Work on Turkish Stream
The pipeline’s offshore section is expected to equal about 910 km.
Read More »20 NIORDC Projects to Go on Stream by February
The project to organize the port of Bandar-e Mahshahr is aimed at increasing the port’s export capacity to 40 million tons.
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