In February last year. Tehran and Muscat signed a preliminary agreement on the pipeline project that is estimated to cost $1.2 billion.
Read More »South Korea`s Import of Iranian Crude Down in March
The country’s final data for March crude imports data will be released by state-run Korea National Oil Corp (KNOC) later this month.
Read More »Russian Oil Producers to Make Money from China’s Yuan-Backed Crude Futures
China’s Finance Ministry even pledged to exempt nonresidents investing into the contract from taxes for up to three years.
Read More »US Don`t Have Right to Blame other Countries
Syrian state television said Russian forces had shot down more than a dozen missiles.
Read More »Oil Rises on Syria Tensions
A surplus in global oil inventories is also close to evaporating. OPEC said on Thursday.
Read More »Syria Attacked Just as It had Chance for Peace
Syria has been attacked just as it had a chance for peace.
Read More »14 Companies Interested in Iraq`s Oil Development Contracts
Iraq hopes to end gas flaring by 2021.
Read More »Russia. Iran Slam US-Led Strikes on Assad Regime in Syria
Iran is opposed to the use of chemical weapons on the basis of religious. legal and ethical standards.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »IEA: Global Oil Demand not to Peak Soon
Indian oil imports will grow more and more driven by transportation. petrochemicals and other sectors.
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