It was the world'.s first collision and explosion involving a vessel carrying condensate. an ultra-light crude oil.
Read More »Exxon. Sabic form Joint Venture for Texas Petchem Complex
The companies announced the project in July 2016. and aim to make a final investment decision after all necessary permits are secured.
Read More »Azerbaijan. Iran Agree on Preferential Tariff for Transportation of Oil and Oil Products
The North-South transport corridor is designed to connect Northern Europe with India and Southeast Asia.
Read More »Iran Oil Arrives in Poland
It took a month for the Delta Kanaris tanker to transport the Iranian cargo from the Kharg island to Gdansk.
Read More »OPEC Crude Production Drops to Lowest in a Year
Output from Saudi Arabia. OPEC’s de-facto leader and its biggest producer. fell 10.000 bpd from February to 9.87 million.
Read More »Russia Increases Supply of LNG to Japan
A plan of bilateral cooperation of eight points was proposed by Japanese Prime Minister Shinzo Abe during his visit to Russia in May 2016.
Read More »China`s Energy Giants Return to Market as LNG Sellers
LNG industry executives are unfazed. despite China’s role in reviving global cargo trade and boosting prices.
Read More »Yamal LNG Ships First Million Tons of Exports
The ships are designed to enable the delivery of LNG eastbound along the Northern Sea Route to Asia.
Read More »China`s Energy Revolution Calls for Rethink by Fossil-Fuel Ports
China steers toward a car industry based on NEVs. the oil trade will lose its luster.
Read More »Iran`s LPG Exports High with Sales to Asia. Africa
Iran’s LPG exports appear to rise this year and for February. the country has already 132.000 tons fixed for lifting in three cargoes.
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