Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The fight between the US and the Middle East for a slice of the Asian oil market is heating up. with their rivalry now spilling over into refined fuels.
Read More »US-Mideast Oil Battle Heating Up
MAN and Hyundai to Develop LPG Engine
The development follows the announcement last month of plans to develop the world'.s first LPG bunkering hub in Busan. South Korea.
Read More »Discovery of Giant Gas Field off Cyprus by Eni
The Italian oil major may have hit another find comparable to its giant Zohr field offshore Egypt.
Read More »CNOOC Starts Stampede Oil Project in Gulf of Mexico
Subsidiaries of CNOOC. Hess Corp. Chevron Corp and Statoil ASA each have a 25-percent stake in the project. while Hess is the operator.
Read More »Qatar Petroleum Signs Agreement for Exploration in South Africa
Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B 12B.
Read More »India`s ONGC Faces Delay in Biggest Project
ONGC aims to produce 15 million standard cubic meters a day of gas and 77.000 barrels a day of oil from the block.
Read More »China`s Natural Gas Output Unable to Meet Rising Demand
Shale gas will only become a leading driver for growth in the longer-term.
Read More »Europe Avoids Russian Oil because of Quality
The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.
Read More »China Rejects U.S. Criticism of Relations with Venezuela
Since 2007. China has loaned more than $50 billion to Venezuela through an oil-for-loans.
Read More »Aramco’s Asia Light Oil Pricing Unchanged in Sign of Slower Demand
Growth in shale production should limit any increases in Saudi oil pricing.
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