Traders will try to keep discharge options open so that they are able to anticipate any potential delays in discharging the cargoes.
Read More »Iran Launches New Oil Spill Response Vessel in December
Iran launched its first homegrown OSRV. Daryapak-1. in the southern port city of Bandar Abbas in June 2015.
Read More »Statoil Comes Up Empty Handed in Barents Sea
Korpfjell is the fourth well that Statoil has drilled in its 2017 exploration campaign in the Barents Sea. which has been fairly disappointing so far.
Read More »Japan. US Look to Cut Off North Korea`s Oil Supply
Tokyo and Washington see quick. decisive action as necessary to avert a crisis
Read More »Iraq`s Kirkuk Province to Vote in Kurdish Independence Referendum
The Kurds have been seeking an independent state since at least the end of World War One.
Read More »Iran`s New Oil. Gas Contracts with Foreign States Prove Failure of US Policy
In July. the US Senate approved a bill on new non-nuclear sanctions against Iranian individuals and entities over the country'.s missile program and alleged human rights violations.
Read More »China Looks Beyond the Middle East for Its Crude Oil Fix
The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »China Creates World’s Biggest Power Group with $271B in Assets
The new company resulting from the merger is expected to be named National Energy Investment Corp.
Read More »Rise in Iran`s Mideast Petrochem Market Share
Petrochemical sales account for 34.7% of Iran’s non-oil exports and 39.1% of industrial exports in terms of value in the period.
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