Tag Archives: China

Russian oil producers achieved a major milestone in 2016.

The global 2016 output stood at over 1.6 billion tons. up 0.7% year on year.

Iran used to sell around 800.000 bpd to European buyers before the tightening of international sanctions in 2011 and 2012.

Iran currently produces 8 million tons of LPG per year.

Iran is developing the giant South Pars field in 24 phases.

NIOC says a second list of qualified companies will be made available soon.

Asia is becoming the world'.s biggest oil consuming region.

The two largest economies need to sort out their differences for the wellbeing of the global community.

Nuclear deal is a multilateral agreement. that cannot be renegotiated bilaterally.

Iran'.s refineries are in a state of disrepair after years of sanctions which prevented access to parts and new technology.