The cooperation can to a great extent help push Oil Ministry'.s plans on boosting gas exports.
Read More »Japan Imported 25.997 Million Barrels of Crude Oil from UAE in March
Arab oil accounted for 84.943 million barrels or 85.2 percent. of Japan’s petroleum needs in March.
Read More »Russia is Ready to Facilitate Cooperation between North. South Korea
Russia is Ready to Facilitate Cooperation between North. South Korea.
Read More »Iraq Awards UAE. China Rights to Develop Oil in Northeast
Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.
Read More »Russia Is China`s Top Oil Supplier
China’s total crude oil imports in March rose to the second-highest on record at 9.2 million bpd.
Read More »S. Korea’s Largest Refiner to Replace Iranian Oil with Nigerian Light Crude
Since the fourth quarter of last year. SK Incheon Petrochem has cut its monthly Iranian condensate imports by nearly half to 1.1 million barrels.
Read More »China`s Successful Compulsion of Vietnam in the South China Sea Deserves US Attention
Washington failed to back up its words with action after Beijing pressured Hanoi into abandoning a South China Sea oil drilling project.
Read More »China Shale Gas Output Significant Increase
China produced 9 bcm of shale gas last year. or 6 percent of its total gas output.
Read More »India to Work with China against OPEC`s `Asian Premium`
Asian Premium is the extra charge being collected by OPEC countries from Asian countries when selling oil.
Read More »South Korea`s Import of Iranian Crude Down in March
The country’s final data for March crude imports data will be released by state-run Korea National Oil Corp (KNOC) later this month.
Read More »