In China'.s case. the Iranian crude oil is essential.
Read More »Iraq Oil Exports from Southern Ports Rise to 3.521 Million bpd in June
Iraq exported 3.490 million bpd of crude oil in May.
Read More »Thanks to Rising Oil Prices. Saudi Economy Grows 1.15% in the First Quarter
Oil prices have been steadily rising since early 2016. when OPEC and non-OPEC producers struck a deal to cut output.
Read More »Oil Crisis Due to Libya Oil Output Cuts
Clashes had already forced the NOC to suspend operations at the two other ports. slashing output by 450.000 bpd.
Read More »Nord Stream 2 Improve European Energy Security
The construction of the Nord Stream 2 gas pipeline will improve the European energy security.
Read More »EU Oppose any Attempts to Legally Sell Libya`s Oil
The European Union said it is going to oppose any attempt to sell or purchase Libyan oil outside the official channels managed by NOC.
Read More »Iraqi Turkmen Leader Concerned over Peshmerga`s Return to Kirkuk
Al-Salihi also called on Turkish officials to be sensitive on this issue in their talks with their Iraqi counterparts.
Read More »Qatar Encourages Peaceful Use of Nuclear Energy
Qatar took part in the third international symposium to discuss ways to strengthen international efforts to reduce highly enriched uranium in the civilian nuclear sector around the world.
Read More »Oil Min: Decision on Iran Imports to be Based on India’s Interests
The US has told all countries. including India and China. to stop their oil imports from Iran by November 4 or face sanctions.
Read More »India OMCs. OVL’s Farzad-B to take hit
The sanctions are to be operational in November sans any exemptions.
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