Iran has already started exporting gas to the Iraqi capital of Baghdad and it will begin exporting LNG to Basra in the coming months.
Read More »Iraqi Army Planes to Secure Oil Route to Iran
Iraqi oil officials announced in December plans to transport Kirkuk crude by truck to Iran’s Kermanshah refinery.
Read More »US-Mideast Oil Battle Heating Up
The fight between the US and the Middle East for a slice of the Asian oil market is heating up. with their rivalry now spilling over into refined fuels.
Read More »China Rejects U.S. Criticism of Relations with Venezuela
Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.
Read More »Aramco’s Asia Light Oil Pricing Unchanged in Sign of Slower Demand
Growth in shale production should limit any increases in Saudi oil pricing.
Read More »Oil Min Dismisses Claims on Oil for Fighter Jet Barter
Under an initial agreement. Russia was expected to buy up to 500.000 b d of oil in return for Russian equipment and commodities.
Read More »Iran Can Boost Output Fast If OPEC Ends Cuts
OPEC. allied suppliers to meet in June to assess crude market .
Read More »Iran Increases Oil Export to Japan
Iran met seven percent of Japan'.s oil demand in 2016.
Read More »Oil in Japan Possibly from Sanchi. Stricken Iranian Vessel
Sanchi burned for more than a week before it sank Jan. 14. sealing the fate for the estimated 29 crew members still on board.
Read More »Iran Persian Gulf Oil Production to Rise
The daily production of this field is 140.000 barrels of oil from near 90 wells.
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