The steps come as China ramps up its exploration efforts as crude oil production from ageing wells drops.
Read More »Iran Rises Oil Exports to South Korea by over 26% in July
In July. Iran exported 2.2 million bpd of oil to Asian and European markets. with its exports to Asia up by 100.000 bpd.
Read More »Increase of Iran`s Oil Export to India
Iran’s total oil production currently stands at around 4 million bpd and its most important clients are China. South Korea. India and Japan. respectively.
Read More »Turkey’s First Indigenous Solar Panel Factory to Be Established in Ankara
The solar project in Karapınar will meet the energy needs of more than 600.000 households and will create around 1.500 new jobs. according to energy officials.
Read More »India Uses Bio Fuel for Its Warships
India'.s crude oil import bill is expected to increase 23% from $70 billion in 2016-17 to $86 billion in 2017-18.
Read More »How Russia Is Dribbling Past Sanctions with the Essar-Rosneft Deal
With Essar oil. Rosneft’s refining capacity goes up from 100 to 120 million tonnes.
Read More »Qatargas Delivers First Q-Max Cargo to Thailand
Q-Max vessels can carry up to 266.000 cubic metres of LNG and are 80 percent larger than the conventional LNG vessels.
Read More »Kuwait Says Oil Spill Strikes Its Waters in Persian Gulf
Tiny Kuwait. an OPEC member nation. has the world'.s six-largest estimated oil reserves.
Read More »Turkey Upgrades Old Hydroelectric Power Plants
Currently. 600 hydroelectric power plants operate in Turkey.
Read More »JCPOA Provides New Ground for Cooperation with Iran
Construction of the production unit began in October 2015. Some 20 herbal medicines will be processed in the factory.
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