China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.
Read More »Iraq will Respect OPEC Agreement and not Raise Production
Iraqi oil output was around 4.57 million b d in April.
Read More »Turkey Can’t Quickly Replace Iran`s Oil
Turkey’s refineries are not equipped to process crude oil from just any other country.
Read More »Qatar Opposes to US Unilateral Sanctions against Iran
US sanctions will not have a positive impact on the crises. and problems should be resolved through negotiations.
Read More »Qatar Digs 80 New Gas Wells to Increase Its Production
Qatar Petroleum is a state-owned firm which carries out all the activities related to oil and gas.
Read More »China and India to Form New Bargaining Bloc for Oil Imports
The alliance between the two Asian countries is likely to bode well for other Asian oil importers too.
Read More »Russia Investigates Violations Related to Oil Quality
The problem with the quality of oil coming from Russia to Belarus and Eastern Europe through Druzhba arose last week.
Read More »Iraq`s Crucial Part in Oil Industry’s Future
Iraq has adequate supplies of natural gas but has been flaring gas at increasing rates as oil production climbs.
Read More »Japan. EU Repeat Support for Iran Nuclear Deal
Trump’s choice has faced opposition of the international community.
Read More »US Oil Embargo will See Venezuela Turn to China. Russia
Venezuela had its eyes on India to try to make up its shortfall.
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