In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.
Read More »China Considers Lifting Import Tariff Quota Control on Three Oil Products
Pressure has mounted on China to develop soybean importing channels after its trade relations soured with the US.
Read More »BP will Enter India`s Fuel Retail Market with Reliance Tie-up
In 2011 BP acquired a 30 per cent stake from Reliance in some of its exploration blocks.
Read More »Bank of America Warns China`s Purchases of Iranian Crude Could Trigger Oil Market Crash
The Americans have not achieved any success against Iran.
Read More »China ‘might Escort Ships’ in Gulf under US Proposal
China has traditionally played a small role in Middle East conflicts or diplomacy despite its reliance on regional oil.
Read More »Tajikistan Eyes Accessing Open Waters through Iran
Iran has provided much assistance to Tajikistan in this regard. including the Tajikistan Independence Tunnel Project.
Read More »Fresh US Tariffs on Chinese Goods Could Push Beijing to Buy Iranian Oil
The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf. Bank Of America Merill Lynch announced.
Read More »Oil Prices could Crash by $30 If China Buys Iranian Crude
Shipments of Iranian oil fell below 550.000 b d (barrels per day) in June from about 875.000 b d in May and about 2.5 million b d in June 2018.
Read More »Caspian Sea’s Legal Regime Still under Negotiation
All the five littoral states have been trying to reach a solution on the issue.
Read More »India Expects Coal Capacity to Swell by a Fifth in Three Years
Chief Engineer at the country’s Federal Power Ministry. Ghanshyam Prasad. said coal capacity is likely to reach 238GW by 2022.
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