14 percent of Iranian non-oil exports are shipped to Iraq.
Read More »Barkindo Says Oil Prices not Artificial
The organization had invited the US shale oil producers to take part in its seminar in June in Vienna.
Read More »Naftogaz. Gazprom Prepare for New Battle in Stockholm
Gazprom may not have time as another trial will likely take years.
Read More »Gazprom and Saudi Aramco Expand Cooperation
Earlier this year. Russia and Saudi Arabia boosted further their energy ties.
Read More »S. Korea’s Largest Refiner to Replace Iranian Oil with Nigerian Light Crude
Since the fourth quarter of last year. SK Incheon Petrochem has cut its monthly Iranian condensate imports by nearly half to 1.1 million barrels.
Read More »SOCAR Contributes to the Global Climate Change Efforts
SOCAR emissions from gas flaring stand at 0.3 million cubic meters per thousand barrels of oil equivalent per year.
Read More »Tax Change could Boost Oil Output
Russia’s parliament has approved the new profit-based tax on the oil industry on a first reading.
Read More »Iran Oil Exports Amounts to 2.5 mbpd
China and India are Iran'.s largest oil buyers.
Read More »OPEC Oil Production Fell by 200.000 bpd in March
Saudi Arabia’s March production fell 47.000 barrels to 9.934 million barrels a day.
Read More »The Bullish Case for Oil
Syria is not the only hot spot that is driving oil prices higher up. but it is certainly the hottest.
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