Tag Archives: Asia

Iran is now offering to insure oil cargoes to India after some insurers stopped providing the service in the face of the impending sanctions.

Al-Fahdavi served as energy minister of Iraq since 2014.

S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.

Erdogan confirmed on July 25th that its country will not take part in sanctions against Iran.

OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.

Iraq has failed to lure investors for the project. which includes building a refinery to process crude from the region.

Since 2014. TANAP received €15 million in total from European Union programs.

If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.

Shipments of LNG and liquefied petroleum gas from the project are expected to begin by the end of September.

US oil rig counts were up by two to 1.048 for the week ended July 27. according to Baker Hughes