Around 3.8 tonnes of extremely flammable. unstabilised crude oil spilled on to the ground at Sullom Voe Terminal in December 2012.
Read More »US is Close to Overtake Saudi Arabia as the World`s Top Oil Exporter
Oil demand growth will be ``significantly higher`` helped by a comparatively low base in the second half of 2018.
Read More »Envoy Calls on India to Resume Iranian Oil Imports
Iranian Ambassador to India Ali Chegeni called on the Indian government to resume importing Iranian oil. noting that sanctions against the country are imposed unilaterally by the United States not by the United Nations.
Read More »OPEC+ will Discuss Deeper Oil Cuts on Thursday
The OPEC+ joint ministerial monitoring committee. known as JMMC. meets on Thursday in Abu Dhabi on the sidelines of an energy conference.
Read More »Iraq will Drill 20 Oil Wells in the South
This project will open the door to provide employment opportunities for the Iraqi labor in Dhi Qar province.
Read More »Iran Arrests 12 Filipino Nationals for Smuggling Fuel
The Iranian naval border guards detained several Filipino nationals in the country'.s territorial waters who were smuggling fuel from Iran.
Read More »China will Invest $280bn in Iranian Oil Sector
China’s investment in Iranian oil and gas industry has been put at the focal attention amid trade war between China and US.
Read More »US Proudly Confirms Trying to Bribe Captains of Iranian Oil Tankers After Piracy Fails
The US State Department is openly using organized crime tactics. including bribery and extortion. in an effort to bend Iran to its will after its allies refused to join a coalition to police the Persian Gulf.
Read More »Russia Ready to Invest $10bn in Iran Oil Sector
Negotiations on Russia’s involvement in Iran’s oil projects would begin soon.
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