The Iranian Navy has been conducting anti-piracy patrols in the Gulf of Aden since November 2008.
Read More »Iraq Plans to Double Exports from Amaya Oil Terminal to 1 Million bpd
Iraq is OPEC”s second largest oil producer after Saudi Arabia. recording a daily production of 477.5 million barrels per day in 2016.
Read More »Iran will Sign New Oil Deals Worth $15bln
Iran will continue to rank first to third among main energy players in the world.
Read More »Russia to Expand Electricity Cooperation with Iran
At least nine Russian companies have voiced willingness to help Iran develop its oil and gas fields.
Read More »Astana Hosts Ministerial Conference `Meeting the Challenge of Sustainable Energy`
The Ministerial Conference and the Eighth Forum were held thanks to the support of five UN Regional Commissions.
Read More »China`s UNIPEC to Ship Jet Fuel from Asia to Europe in Rare Move
China'.s Unipec. the trading arm of state oil major Sinopec. is planning to ship jet fuel from Asia to Europe for the first time in several years.
Read More »Iran to Host IGRC 2020
IGU has the vision of being the most influential. effective and independent non-profit organization. serving as the spokesperson for the gas industry worldwide.
Read More »Russia. Saudis See Oil Inventories Falling After Price Drop
Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.
Read More »SOCAR Methanol Eyes to Double Sales in Azerbaijan’s Market
The need to transfer AzMeCo to SOCAR arose due to AzMeCo’s debts to the International Bank of Azerbaijan.
Read More »No Immediate Need to Adjust Oil Pact
Crude prices fell about 4 per cent this week after US data showed a surprise 3.3 million barrel rise in crude inventories to 513.2 million barrels.
Read More »