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China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.
Read More »China Unlikely to Follow US Oil Sanctions on Iran
Iran’s Oil Industry Open to Int’l Participation
Two Dutch firms have participated in the 24th Iran Oil Show. including Dutch Energy Solutions.
Read More »Impossible to Exclude Iran from Oil Market
Anyone who uses oil as a weapon is bringing forward the death and collapse of OPEC.
Read More »Iran Considers Petchem Development in Coastal Regions of the Caspian Sea
Iran’s total petrochemical output stands at 55 million tons per annum of which a portion is consumed domestically and the rest exported.
Read More »OPEC+ Working to Avoid `Any Energy Crisis` with 2 Members under Sanctions
All members remain focused on OPEC'.s principal objective to ensure stability at all times in n the oil market.
Read More »New Petrochemical Plant will be Built in Western Iran
The petrochemical industry has played a key role in domestic economic growth.
Read More »Iran Oil Clients to Find Ways of Resisting US Sanctions
The USA is declaring trading war against major economic entities like China and EU.
Read More »Escalated Clashes in Libya Pose Threat to Oil Production
For years. Libya has been split between two governments.
Read More »Japan. EU Repeat Support for Iran Nuclear Deal
Trump’s choice has faced opposition of the international community.
Read More »Trump`s Gulf Backups to Iran Aren`t Good Enough for Turkey
Turkey is loath to buy more oil from Saudi Arabia and the United Arab Emirates as the U.S. looks to squeeze exports from Iran. currently the third-largest supplier of crude to the Middle East’s biggest economy.
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