Tag Archives: Asia

Indian Oil Corporation Limited has signed a contract with Russia’s Rosneft for importing 2 million metric tonnes of Urals grade crude oil in a bilateral meeting.

Saudi Arabia’s state oil company has made deep cuts to the price of crude it sells to Asia.

An important subject of talks between Sechin and Pradhan was the issue of providing Indian consumers with quality crude and petroleum-based products.

A ro memorandum of understanding (MoU) has been signed between Qom University of Medical Sciences in Iran and Khatam Al-Nabieen University in Afghanistan.

Chinese Ambassador to Iran Chang Hua reiterated his country’s support for Iran against the US sanctions and said the East Asian nation is the only country that buys oil from the Islamic Republic.

Regarding Iran'.s current situation it is possible to cooperate and work together during sanctions.

India'.s imports from the Middle East declined from 145.8 million tons in 2018 to 132.4 million tons last year.

Chinese oil demand has dropped by about 3 million barrels a day. or 20% of total consumption. as the coronavirus squeezes the economy. according to people with inside knowledge of the country’s energy industry.

The OPEC+ production reduction pact aimed at stabilizing crude prices is valid until the end of March 2020.

The OPEC+ production reduction pact aimed at stabilizing crude prices is valid until the end of March 2020.