South Africa bought around 68.000 bpd of crude from Iran in May 2012.
Read More »Iran Bans US Individuals. Firms in Response to Its Sanctions
Iran dismissed US administration'.s move as unacceptable. illegal and in contradiction to the international norms.
Read More »Saudi Arabia: We Could Live with $40 Oil in 2020
Saudi Arabia still loses sleep over the price of oil. Not for much longer.
Read More »Iran has No Problem Spending Oil Cash
Iran is faced with no problem when spending its oil money.
Read More »Vietnam’s Second Oil Refinery Start-Up Postponed Until 2018
The delay of additional oil product supplies in Asia could be good news for refiners. but could weigh on the crude oil market.
Read More »Aramco Boosts Fuel Trading in Fight for Asia. Africa Sales
Aramco has said the 400.000-bpd Jazan refinery will start next year.
Read More »Iran Gasoline Storage at 200m Liters
Average gasoline consumption has been close to 78 million liters daily in the present fiscal.
Read More »Economic Effects of JCPOA Undeniable
The nuclear negotiators prevented US President Donald Trump'.s adventurism towards Iran by inking the JCPOA.
Read More »Siemens Wins $851m Power Deal in Qatar
Global giant will deliver 35 substations to support plan to cope with increasing demand for electricity.
Read More »Afghanistan Imports 30% of Oil. Gas from Iran
Afghanistan is importing all its oil and gas from Iran. Turkmenistan. Kazakhstan and sometimes from Iraq.
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