Condensate accounts for a majority of the crude oil from Iran.
Read More »New Blockade of Iran Could Increase Oil Prices Across The World
Analysts criticized the end to the exemptions. which would hit Asian buyers the hardest.
Read More »Oil. the Lifeblood of the Global Economy for Years to Come
Aramco'.s recent bond sale success proves that the age of oil won'.t end soon.
Read More »Russia Fails to Increase Pledged Production Cuts
In March. Russia continued to gradually reduce oil production.
Read More »BP and SOCAR Sign New Oil Agreement
BP and the government of Azerbaijan extended their agreement to continue developing the ACG fields until 2050 in a major deal in 2017.
Read More »Exxon`s Newest Discovery in Guyana
Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »OPEC Risks Gambling Away Success again as US$80 Oil Looms
OPEC and its partners launched a new round of output cuts at the beginning of the year.
Read More »Aramco to Buy Stake in Refining Business of India`s Reliance
Aramco is expanding its refining and petrochemical business globally.
Read More »Iran. Turkey to Launch INSTEX-Like Mechanism to Boost Trade Ties
The Turkish government has always disagreed with US-led sanctions on Iran.
Read More »Russia Explores $164Bln Worth of Arctic Projects
President Vladimir Putin has promised tax incentives and other benefits to encourage companies to develop the Arctic region.
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