China prefers a heavier quality of crude whereas the bulk of U.S. oil exports is light crude. the source said.
Read More »TANAP to Strengthen Positions of Azerbaijan. Turkey in Global Energy Market
The length of TANAP is 1.850 kilometers with an initial capacity of 16 billion cubic meters of gas.
Read More »India Oil Imports from Iran Rose to Highest Level since October 2016
Iran and the major world powers in 2015 signed the nuclear agreement. under which Tehran agreed to curb its nuclear program in exchange for economic sanctions relief.
Read More »China to Build Floating Nuclear Power Plant by 2020
The idea was revived in the late 2010s with the rise of demand for power for offshore oil and gas drilling and the creation of safer reactor technologies.
Read More »India Turn to Traditional Suppliers to Meet Iran Oil Shortfall
IOC is Iran’s biggest Indian oil client.
Read More »Total to Expand East Med Oil. Gas Exploration
U.S. energy giant ExxonMobil - with Qatar Petroleum - is scheduled to conduct drilling off Cyprus in the second half of 2018.
Read More »Syria Plans to Increase Oil and Gas Production
Syrian government is working on the rehabilitation of three other fields in the same area in order to boost its energy production.
Read More »Rosneft Starts Drilling at New Well Offshore Vietnam
Rosneft said that production offshore Vietnam is very profitable.
Read More »PetroChina Rise Gas Supply to Help Meet Demand
PetroChina raised April gas supplies by 14 percent over a year earlier.
Read More »Pradhan Wants Saudis to Keep Oil Prices Stable
Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.
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