South Korean refiners and chemical heavily relied on Iranian condensate for production of various petrochemical products.
Read More »Eni increases Oil & Gas Production in Kazakhstan
Eni operates 2 oil and gas fields in Kazakhstan – Kashagan and Karachaganak.
Read More »Indian Oil Signs First Annual Deal to Buy U.S. Oil
The annual contract will begin from April.
Read More »Saudi Arabia Signs Oil Agreement to Supply Pakistan
Saudi Arabia has signed an agreement to supply Pakistan with crude oil and petroleum products.
Read More »Oil Price Escape from 2019 High after China Reports Car Sales Drop
China’s vehicle sales last month fell by 15.8 percent versus the same month in 2018.
Read More »Gazprom Increase Pipeline Flows to Europe
A jump in LNG supplies contributed significantly to oversupply in the European gas market.
Read More »Germany Considers Nord Stream 2 as Commercial Project
Russia has not received from Germany any evidence about the change in the Nord Stream 2 gas pipeline.
Read More »US Increases Pressure on Maduro via Sanctions
The steps are part of a wider effort by the United States to undermine Mr Maduro.
Read More »OPEC has a President under Sanctions. but History Shows it`s Manageable
The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.
Read More »Texas Shale is Reshaping Big Oil
The US became the world’s largest crude producer last year.
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