According to the agreement. Iran scaled back its nuclear activities in exchange for termination of economic and financial sanctions.
Read More »Libya`s Big Challenge. Fuel Smuggling
Between 30 and 40 percent of fuel refined in Libya or imported into the country is stolen or smuggled.
Read More »Russian Oil Producers to Make Money from China’s Yuan-Backed Crude Futures
China’s Finance Ministry even pledged to exempt nonresidents investing into the contract from taxes for up to three years.
Read More »Big Oil Seek Small Refinery Exemptions under US Biofuels Law
The waivers could result in savings of $50 million or more in regulatory costs for the company'.s 2016 obligations under the biofuels law.
Read More »China`s Oil Giant Plans LNG Sale
Natural gas shortages this winter caused chaos. cutting off supplies to industrial users and causing big spikes in prices.
Read More »Iran`s FM and Brazilian President Call for Coop. in Oil. Gas sector
Brazil is interest in expanding relations with Iran and developing cooperation on advanced technologies.
Read More »Saudi Exchange Ready for Aramco Listing
There has been worry both in Saudi Arabia and abroad that Tadawul will not be able to take in the placement of Aramco shares without suffering a major strain.
Read More »IEA Executive Director visits OPEC Secretary General at Vienna Headquarters
OPEC’s Secretary General has been a strong advocate of advancing dialogue and cooperation among producers and consumers.
Read More »The US Can Breathe Easy on Russia-OPEC Deal
Moscow and Riyadh must first resolve those substantive issues before they can hammer out an oil deal that truly matters.
Read More »Rosneft Opens International Center for R&D in Qatar
The agreement to open the center was signed during the visit of the CEO of Rosneft Igor Sechin to Doha.
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