Social and Events

Earlier this year. Russia and Saudi Arabia boosted further their energy ties.

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.

SOCAR emissions from gas flaring stand at 0.3 million cubic meters per thousand barrels of oil equivalent per year.

Russia’s parliament has approved the new profit-based tax on the oil industry on a first reading.

China and India are Iran'.s largest oil buyers.

Saudi Arabia’s March production fell 47.000 barrels to 9.934 million barrels a day.

Syria is not the only hot spot that is driving oil prices higher up. but it is certainly the hottest.

Iraq hopes to end gas flaring by 2021.

Iran is opposed to the use of chemical weapons on the basis of religious. legal and ethical standards.

It took a month for the Delta Kanaris tanker to transport the Iranian cargo from the Kharg island to Gdansk.