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.
Read More »Iran. Armenia Deal on Swap of Gas. Electricity
Armenia by around 30.000 kilometers area and with a population of 3 million is located in Caucasus Region and in the year 1991 it became independent from the Soviet Union.
Read More »Iraq Denies Daesh Controls Oil-Rich Kirkuk
Iraqi forces expelled Daesh from oil-rich Kirkuk in October.
Read More »Iran. Sinopec in Talks over Yadavaran Oilfield
Production from all oilfields in West Karoun block is close to 300.000 barrels a day.
Read More »Non-Oil Trade Balance of Iran-Oman Rise $390mln in 9 Months
Iran exported its first wheat consignment of 29.630 tons to Oman in June.
Read More »Iran Increases Oil Export to Japan
Iran met seven percent of Japan'.s oil demand in 2016.
Read More »Oil in Japan Possibly from Sanchi. Stricken Iranian Vessel
Sanchi burned for more than a week before it sank Jan. 14. sealing the fate for the estimated 29 crew members still on board.
Read More »Aramco. Alphabet Plans Joint Tech Hub
Senior managers at Alphabet and Aramco have been discussing the creation of a potential joint venture for months.
Read More »CNOOC`s Highest Capital Spending Since 2014
CNOOC expects to drill 132 wells this year. up from 126 wells drilled in 2017.
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