All crew members of the two oil tankers which were hit in the Sea of Oman were saved by Iranian rescue teams.
Read More »Iran’s Oil Industry Open to Int’l Participation
Two Dutch firms have participated in the 24th Iran Oil Show. including Dutch Energy Solutions.
Read More »South Korea Wants US to Backtrack on Iran Decision
South Korea is sending a delegation to the United States to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.
Read More »Iran Sanctions Alarm Korean Petrochemical Sector
Condensate accounts for a majority of the crude oil from Iran.
Read More »Qatar Increase LNG Production
The four LNG trains will expand Qatar’s production from 77 mta to 110 mta of LNG by 2024.
Read More »Aramco Buys Stake in South Korean Hyundai Oilbank
Aramco planned to invest up to $1.6 billion in Hyundai Oilbank. to expand its foothold in South Korea.
Read More »Pipelines could Derail the US Oil Boom
Quality could at some point become a bigger problem for US producers.
Read More »South Korea Imports One-Fifth of Pre-Sanction Iran Oil
South Korean refiners and chemical heavily relied on Iranian condensate for production of various petrochemical products.
Read More »Aramco Plans to Ramp Up Refining Capacity in Asia
Aramco is also expanding its refining investments in China.
Read More »S. Korean Firms to Resume Iran Gas Condensates Purchase
In November 2018. US granted exemptions to eight countries including South Korea to import Iran oil.
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