The purchase plan was aimed at guaranteeing long-term oil exports to the country.
Read More »Armed Militias Attack Libyan Oil Facilities
At least nine of the LNA forces were allegedly killed and eight others sustained injuries in the clashes.
Read More »Iran Regaining OPEC’s Market Share
Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.
Read More »Barkindo: Worst Over for International Oil Market
The oil market needed every barrel which cut-exempt Iran. Libya and Nigeria could produce.
Read More »NITC Vessel to Berth in Indonesia
The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.
Read More »OPEC Data Show Iran`s Oil Output Within Limits
Iran'.s crude oil production rose by 50.200 barrels per day in January over the previous month. reaching 3.75 million bpd.
Read More »UAE`s Dana Gas Reports Sharp Drop in Q4 Profit Due to Year-Earlier Gain
Dana made a net profit of $7 million in the three months to Dec. 31.
Read More »US Export More Oil Than 4 OPEC Producers
.The world’s largest oil-consuming country could sell as much as 800.000 barrels per day of crude overseas this year
Read More »More Work Is Needed to Fulfill OPEC Deal
.OPEC’s agreement lasts for six months. with the goal of shrinking bloated oil inventories that are keeping a lid on prices
Read More »Iran’s Steel Exports Top 4.4m Tons in 10 Months
.Iran is currently the world’s 14th largest steelmakers
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