Tag Archives: Asia

The share of yuan-backed crude oil contracts has soared to 12 percent of global trading since the US withdrawal from the Iran nuclear deal.

South Korea has been seeking to shift its focus from coal and nuclear energy to renewable energy to cope with worsening air pollution .

St. Petersburg International Economic Forum will be held on May 24-26. 2018.

The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.

OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.

The first phase of the field’s development envisages drilling of one well at a sea depth of 470 meters.

Both Saudi Aramco and ADNOC. have announced massive plans to boost their refining capacity and petrochemicals business.

Russia. Europe’s biggest gas supplier. sees higher demand for its pipeline gas. undermining the region’s efforts at diversification.

Iran’s offer comes as Chinese. Middle East and Russian companies are in ``preliminary discussions`` to build a 100.000 bpd refinery for CPC.

Iran regularly imports 700 MW of electricity in summer.