South Korea imported 4.23 million tonnes of crude oil. or 999.680 bpd. from the world'.s top crude exporter in May.
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 »Russian Energy Ministry Plans to Organize Tour to Siberia for Saudis in July
The Russian Energy Ministry plans to hold a familiarization tour for colleagues from Saudi Arabia for projects in Siberia in July.
Read More »SOCAR Drilling New Well on Oldest Field in Caspian Sea
SOCAR produced 2.46 million tons of oil at Azerbaijan’s offshore and onshore fields in January-April 2017.
Read More »Statoil to Drill in Great Australian Bight after Signing Deal with BP
Norwegian company will take over two exploration permits from BP. which had scrapped its own drilling plans in December.
Read More »Iran’s Complete Effort to Solve Arab Row
Suspending flights between the countries is among other measures taken by the countries against Qatar which also reciprocally did the same.
Read More »OPEC. Non-OPEC Want Inventories at 5-Year Average
Both Moscow and Riyadh said cooperation would continue beyond the current agreement.
Read More »Tech Giants Make Major Bet On Battery Boom
Tesla already has fully self-driving software in all of its cars. including the upcoming Model 3.
Read More »Qatar Petroleum to Study Raising Production Capacity of LNG Trains
Qatar Petroleum is determined to continue its lead position in the gas industry with its expansion plans.
Read More »Russia will Help Iran Build Compressed Gas Plant
The two sides are likely to finalize a contract at St. Petersburg International Economic Forum which will kick off later this week.
Read More »