International

China is the world’s biggest importer and consumer of oil.

Indian oil and gas companies are positively considering to participate in exploration of oil and gas in Russia’s Far East region.

Russia has outlined four main groups types of projects under consideration for various government benefits.

The Covid-19 virus will reduce China'.s first-quarter oil demand by just 160.000 barrels a day from last month'.s estimate.

China’s own oil consumption is down sharply as factories stay closed and travel restrictions remain in place.

Non-oil trade between Beijing and the Gulf Cooperation Council (GCC) has grown from just several billion dollars two decades ago to nearly $200 billion last year.

The IEA is set to host a clean energy transition event in Paris on July 9.

This will be the sixth waiver the US has issued for Iraq since US sanctions on Iran energy exports snapped back in November 2018.

The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.

Iraq’s proven oil reserves stand at over 145 billion barrels. while gas reserves exceed 3.7 trillion cubic meters.