Total had previously withdrawn from the field in 2009 because of sanctions.
Read More »U.S. China Trade Dispute Affects Oil Price
Iran’s output was the lowest since April last year at 3.75 million bpd.
Read More »PetroChina may Stop US LNG Shipments over Winter Period
US LNG has so far been excluded from tit-for-tat tariff rounds between Washington and Beijing.
Read More »Iran Official Says Gas Field Contract with Total. CNPC Unchanged
The renewed US sanctions were among those lifted under a 2015 deal between world powers and Tehran on curbing Iran’s nuclear program.
Read More »Chinese Local Refiners Relieved as Beijing not to Impose Tariffs on U.S. Crude
The latest threat from President Trump is to slap tariffs on US$200 million worth of Chinese goods.
Read More »Oil Price Rise on Iran Sanctions but Set for Weekly Decline
In the latest round of levies. China said it would impose additional tariffs of 25 percent on $16 billion worth of U.S. imports.
Read More »PetroChina Looks to Secure LNG from Qatar
Qatar aims to boost its LNG export capacity from the current 77 million tons to 100 million tons annually by 2024.
Read More »China`s CNPC Takes over Total`s Share in Big Iran Gas project
Total signed a contract in 2017 to develop Phase II of South Pars field with an initial investment of $1 billion.
Read More »US-China Trade War doesn`t Change the Bull Case for Oil
The price for LNG shipment into key Asian markets is hovering around $10 per million British thermal units.
Read More »U.S. Expects Sanctions Taking 1 Million Bpd Iranian Oil off The Market
The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.
Read More »