The sanctions removal in January 2016 revived the incapacitated oil sector.
Read More »Japan`s Successful Gas Output Test from Methane Hydrate
Japan is the world'.s top importer of liquefied natural gas (LNG).
Read More »JCPOA Decrease Oil Equipment Import Costs to 1/3
Iran has now become an exporter of gasoil and is exporting 13 million liters of the item on a daily basis.
Read More »Turkmenistan Discovers Potentially Large Gas Field Near Caspian
The Ashgabat government is trying to diversify exports by discussing the Trans-Caspian link to Europe.
Read More »China`s Solar Output Increased 80% in First Quarter
Central and eastern China accounted for about 89 percent of new capacity. the NEA said.
Read More »UK Needs to Preserve Iran Nuclear Deal
The US president has taken positions that are unconstructive and could even escalate conflict.
Read More »2 Refinery Rehab Projects Awaiting Funds
Bandar Abbas Refinery’s mazut production will be reduced to less than 10% of the total while sulfur output will fall to less than 1%.
Read More »Big Oil Betting On Electric Vehicles
Automaker are feeling pressed by strict emissions reduction rules in Europe and China.
Read More »Saudi Arabia May Cut June Light Crude Prices to Nine-Month Low
Most of the survey respondents expect Arab Light crude to be cut by 40 cents in June.
Read More »Oil Prices Inch Down on High Stocks. Weak China Factories Survey
The Organization of the Petroleum Exporting Countries (OPEC)meets this month to discuss oil supply policy.
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