Tag Archives: Government

Iran’s offer comes as Chinese. Middle East and Russian companies are in ``preliminary discussions`` to build a 100.000 bpd refinery for CPC.

Work has officially begun to build the German section of a contested gas pipeline from Russia that is opposed by Poland and other countries.

Tehran would spare no efforts to maintain its oil production and exports at current levels.

Total has signed a MoU with the Government of Oman to develop natural gas resources in Oman.

Economists and investment bankers believe a 10% increase in oil price could raise inflation by 0.2-0.3%.

Iran is one of the world’s largest oil producing countries.

Pressured by the dollar’s broad strength. the Aussie has slid despite an upbeat budget from the country’s government.

Ahead of official numbers. API data shows sizable declines in US crude inventories.

Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.

Imports for the first four months of 2018 rose 8.9 percent versus the same period a year ago to 151.43 million tonnes. or 9.21 million bpd.