Tag Archives: Asia

The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.

The government is cutting petrol and diesel by 2.50 rupees per litre to help Indians struggling to pay fuel prices.

Turkey claims that parts of some blocks Cyprus has designated for drilling fall inside its own continental shelf.

India has been lobbying hard to seek US sanctions waivers for the import of Iranian oil through Iran'.s Chabahar project.

A massive earthquake and tsunami in March 2011 destroyed three reactors at the plant.

Oil from Eastern Russian field is very competitive.

Iran accused Saudi Arabia and Russia on Wednesday of breaking OPEC’s agreement on output cuts by producing more crude.

The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.

Donald Trump recently accused OPEC of ``ripping off`` the world.

U.S. sanctions on Iran’s petroleum sector are set to take effect next month.