Japan relies heavily on imports from the Middle East.
Read More »Venezuela Oil Production Likely to Fall 300.000 b d by End-February
Venezuela'.s total crude output will fall to below 800.000 b d by the end of February.
Read More »Iran to Launch 4 South Pars Phases by March 20
Iran is currently exporting gas to Iraq. Armenia. and Turkey.
Read More »PDVSA to Redirect Exports to Customers in Europe and Asia
Currently. Washington'.s sanctions apply only to US entities.
Read More »India`s Hindustan Petroleum could Buy 0.9 mln Tonnes of Iran Oil
The company will buy about 4.5 million tonnes of Iraqi crude oil in 2019.
Read More »Wood Mackenzie: Oil and Gas Exploration Economics to Improve
In 2018. exploration added at least 10.5 billion barrels of oil equivalent in conventional new field volumes.
Read More »Venezuelan Oil Exports Disrupts Heavily due to US Sanctions
PDVSA and Maduro’s government could have a much harder time finding destinations for Venezuelan oil than first thought.
Read More »Aramco Plans to Ramp Up Refining Capacity in Asia
Aramco is also expanding its refining investments in China.
Read More »Trump Says Military Intervention in Venezuela `An Option`
The Trump administration last week issued crippling sanctions on Venezuelan state-owned oil firm PDVSA.
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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