There'.s too much gas in Asia. there'.s too much gas in Europe and that means the US may need to be the swing supplier.
Read More »6 Million Barrels of Oil. Condensates Ready for Trade at Iran`s Bourse
The successful sell-off by the NIORDC may have encouraged the NIOC to accelerate its plans for trade of oil cargoes at IRENEX.
Read More »Qatar will Join Gulf Producers in Oil-Price Formula Overhaul
Qatar Petroleum is also planning to set its official selling prices at a differential to regional benchmark grades such as Dubai and Oman.
Read More »Iran Posts Record Sales of LPG through Energy Bourse
CEO of the IRENEX Seyed Ali Hosseini said that the LPG trade recorded had been unprecedented.
Read More »Iran Posts Record Sales of LPG through Energy Bourse
Iran has 600.000 barrels per day of surplus oil that can be turned into various refined products.
Read More »Iran Ramping Up Efforts against Fuel Smuggling
The attracting crime of fuel smuggling out of Iran is being seriously fought. adding that his forces have confiscated nearly 7.8 million liters of smuggled fuel since the start of the local calendar year on March 21.
Read More »EU Council Agrees Position on Revision of Shipping Emission Rules
In a bid to cut red tape while maintaining environmental standards. the ambassadors of EU member states have agreed to update existing EU rules.
Read More »Iran to Help Launch China’s Corridor to Europe
Chief Executive of Iran Railways Saeed Rasouli announced on Friday that the Islamic Republic will cooperate in launching a Chinese corridor to Europe.
Read More »Russia Sells Crude Oil at Record Premiums
Demand for key Russian oil grades sold in Asia has been strong in the past month.
Read More »Iran’s Southwestern Port Posts 50% Rise in Unloading
Head of Iran'.s Ports and Maritime Organization said that Imam Khomeini Port has registered an unprecedented rise in its unloading activity with a jump by almost a half.
Read More »