Tag Archives: China

The Organization of the Petroleum Exporting Countries (OPEC)meets this month to discuss oil supply policy.

China boosted its SPR across nine bases by adding 1.28 million tonnes of crude oil in the first half of 2016.

Nouri plant was launched w in 2007 at a cost of $240 million.

Linde executives point out that European banks are still cautious about doing business with Iran.

US President Donald Trump is an outspoken critic of the agreement negotiated by his predecessor Barack Obama.

Total LPG imports stands 23 per cent more at 11 million tonnes in fiscal 2016-17.

Production in Mexico has declined for 12 years in a row and this year will be less than 2 million barrels a day.

Gas extraction from the giant South Pars field in the Persian Gulf has exceeded 550 million cubic meters per day.

In March. Iran loaded around 2.6 million bpd a day of both crude and condensate.

The field'.s output is planned to reach 110.000 bpd by July.