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China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.
Read More »China Unlikely to Follow US Oil Sanctions on Iran
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 »Crude Oil Futures Lower as US. Saudi Poised to Fill Iran`s Supply Void
The number of rigs targeting gas rose by nine to 224. while the oil-directed rig total increased by 11 to 857.
Read More »World`s Second-Biggest LNG Tanker Class Vessel to Transit Panama Canal for First Time
This is the first Q-Flex to transit the Panama Canal.
Read More »Qatar Digs 80 New Gas Wells to Increase Its Production
Qatar Petroleum is a state-owned firm which carries out all the activities related to oil and gas.
Read More »SOCAR`s New Petrochemical Investment to Operate by 2023
The gas transmission capacity of the project can be increased to 24 billion cubic meters first and to 31 cubic meters with additional investments later.
Read More »Trump Wants Cheap Oil. but ‘Saudis Need Higher Prices’
Saudi Arabia’s fiscal break-even could be as high as $95 per barrel this year.
Read More »Saudi Taqa has Purchased Schlumberger`s Middle Eastern Drilling Business for $1.2 Billion
Taqa plans to use about $800 million of its own funds for the planned acquisitions.
Read More »China Continues to Invest in Arctic Gas Resources
Russia’s largest private natural gas company. Novatek. secured vital funding for its Arctic LNG 2 plant.
Read More »US Oil Embargo will See Venezuela Turn to China. Russia
Venezuela had its eyes on India to try to make up its shortfall.
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