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Sanchi was carrying 36.000 tonnes (almost one million barrels) of condensate.
Read More »Deadly Sanchi Tanker Tragedy Blamed on `Human Error`
Chinese Firms Win Iraq Refinery Project Contract
Iraq is OPEC'.s second-largest oil producer. after Saudi Arabia.
Read More »Qatar Takes a 19 Percent Stake in Rosneft
Rosneft was hit hard by U.S. sanctions on Russia over Moscow’s annexation of Crimea and incursion in east Ukraine.
Read More »Rosneft Considers China Still a Key Market after End of CEFC Deal
Rosneft continues to consider China a key market.
Read More »Sinopec Plans to Cut Saudi Crude Oil Volumes for Second Month in June
Saudi prices set the trend for Iranian. Kuwaiti and Iraqi prices. affecting more than 12 million bpd of oil bound for Asia.
Read More »Shell-CNOOC JV Launches 2nd Ethylene Cracker
The new ethylene cracker will increase the ethylene capacity by around 1.2 million metric tons per year.
Read More »China Call to Continue Supporting Iran Nuclear Deal
China. a permanent member of the U.N. Security Council. is one of the architects of the agreement.
Read More »Siemens First SGT-700 Gas Turbine to China’s Distributed Generation Market
Distributed generation is being embraced in China.
Read More »Russian Oil Flows Faster into China
Russia’s crude shipments into Europe via the Baltic and Black Seas are due to fall by an average of 19% year-on-year in the first five months of 2018.
Read More »Shinzo Abe Praises Relations with Oil-Rich UAE
About a quarter of all oil imports for Japan come from the UAE.
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