Libya agreed its oil production would not exceed 1 mln bpd. and Libya said it would bring its output in line with the target next year.
Read More »The Arctic Threat to Saudi Arabia’s Grand Oil Bargain
Russia has three oil export terminals on its Arctic coast.
Read More »Asian Markets Looking Forward to Import More LPG from Iran
International trading firms Petredec and Glencore lifted cargoes from Iranian ports in December.
Read More »Russia Skirts U.S. Sanctions with $27 Billion Arctic Gas Plant
The Yamal project is an important step in Moscow’s efforts to build ties to China.
Read More »Booming of Middle East Tensions
The region is seconds away from a full-blown catastrophe.
Read More »US Eyes Opportunities to Sell LNG to Saudi Arabia
The UAE. which is a net importer of gas. has been looking to diversify its supplies to meet growing demand.
Read More »Korea Becomes World`s Sixth Largest Exporter
Shares of South Korean goods on the global market rose to a record 3.3 percent in the first half of this year.
Read More »Rise in South Pars Condensate Exports
The field holds an estimated 51 trillion cubic meters of gas and some 50 billion barrels of gas condensate.
Read More »Iran Exports Ninth Oil Shipment from South Pars
South Pars is estimated to contain over six billion barrels of crude oil with the recovery rate of 10 percent.
Read More »Iran: Oil Swap Deal with Iraq Imminent
The oil can be transferred both to Iran’s northern refineries and the southern export terminals.
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