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Libya. along with Nigeria. is formally excluded from an effort by the OPEC to balance an oversupplied market with coordinated production cuts.
Read More »Wintershall Restarts Libyan Oil Production
Essar`s Import from Iran`s Oil doubles after India’s cuts
According to the report. the refiner shipped in about 21 percent less oil from Iran at about 134.000 bpd in 2017.
Read More »Pakistan Plans Huge Oil City
The project would simplify China’s oil imports from the Middle East.
Read More »Iraq Renews Deal to Supply Egypt Crude Oil
The Egyptian government had agreed to buy 12 million barrels of oil per year from Iraq.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »Black Box of Iranian Oil Tanker to Be Decoded Next Week
Rastad asked people to follow the news of Sanchi oil tanker and expert opinions on the issue only through the national media and ignore the rumors of the unjust bodies.
Read More »Sunken Iranian Tanker may be Leaking Bunker Fuel
The Sanchi was carrying 136.000 tonnes of condensate before the accident. most of which evaporated after the stricken shipped burned for days.
Read More »China will Investigate Sanchi Sinking
China will invite others to jointly conduct an investigation and analyze data from the data recorder.
Read More »Iran Rejects Rumors about Missile Strike on Oil Tanker
The vessel sank on Sunday after a huge explosion while a team of Iranian commandos were getting prepared for a rescue operation.
Read More »Chinese Oil Demand to Grow 5% to 12 million b d in 2018
Domestic gas production is forecast to rise 8.8% year on year to 160.6 Bcm in 2018.
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