Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Yamal LNG has raised additional finance with several European banks.
Read More »Russia Moves to Finance Arctic LNG Projects
Saudis Cut Back Oil Supply to Asia. Slash Exports to U.S.
Saudi Arabia is reducing its oil exports to Asia by around 7 million barrels this month.
Read More »Qatar Crisis to Boost LNG Spot Trade
The U.S. is expected to ‘dethrone’ Qatar. the biggest global LNG exporter. with its 30 planned LNG terminals and with six more under construction.
Read More »China Reports Smooth Production of Gas from ‘Flammable Ice’ Under the Sea
China announced last month that it had succeeded in extracting the fuel from frozen deposits on the sea bed. untapping a potentially huge new source of energy.
Read More »SOCAR Modernizes Platform at Darwin Bank field
SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.
Read More »Iraq Plans to Double Exports from Amaya Oil Terminal to 1 Million bpd
Iraq is OPEC”s second largest oil producer after Saudi Arabia. recording a daily production of 477.5 million barrels per day in 2016.
Read More »Astana Hosts Ministerial Conference `Meeting the Challenge of Sustainable Energy`
The Ministerial Conference and the Eighth Forum were held thanks to the support of five UN Regional Commissions.
Read More »China`s UNIPEC to Ship Jet Fuel from Asia to Europe in Rare Move
China'.s Unipec. the trading arm of state oil major Sinopec. is planning to ship jet fuel from Asia to Europe for the first time in several years.
Read More »Russia. Saudis See Oil Inventories Falling After Price Drop
Short-term variations in supply won’t affect the long-term trend of declining inventories. Al-Falih said.
Read More »SOCAR Methanol Eyes to Double Sales in Azerbaijan’s Market
The need to transfer AzMeCo to SOCAR arose due to AzMeCo’s debts to the International Bank of Azerbaijan.
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