Tag Archives: Asia

The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.

Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.

Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.

The United Arab Emirates (UAE) is seeking to increase its oil output by 5 million barrels per day by 2030.

ExxonMobil. ENI and Total have all said they are committed to energy drilling near Cyprus.

It was the first government reshuffle in Qatar. the world’s top liquefied natural gas producer.

Iran exported the equivalent of 2.5 million barrels a day in April.

Saudi Arabia had been ``very helpful`` in bolstering oil supplies while the U.S. moved to reimpose sanctions against Tehran.

The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.

The investments required to build the complex will be shared equally by both companies.