The BOC-operated fields will add 700.000 bpd to overall production by 2024.
Read More »India will Continue Iran Oil Purchases despite US Sanctions
India is weighing developing an alternative payment system to purchase Iranian crude oil.
Read More »Saudi Stocks Lead Gulf Drop as Aramco IPO Confirmed
The stalled plan to sell shares in oil giant Aramco will go ahead.
Read More »Saudi Crown Prince Predicts Russia & China’s Exit from Oil Market
The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.
Read More »India. Russia Cooperation on Russian LNG. Oil Field Development
India has embarked on the path of becoming a gas-based economy.
Read More »Iraq Refinery Project with Japanese Aid Delayed by IS
Japan will extend additional official development assistance to bring the total to more than 300 billion yen.
Read More »US-China Trade War Impact
The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.
Read More »India Continues Importing Usual Volume of Oil from Iran
India has been lobbying hard to seek US sanctions waivers for the import of Iranian oil through Iran'.s Chabahar project.
Read More »Qatar Defends OPEC against Accusations
Donald Trump recently accused OPEC of ``ripping off`` the world.
Read More »Russia Can’t Offset Iranian Oil Supply Loss to Asia
In Europe. Russia’s Urals is considered to be one of the best replacements for Iranian grades.
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