Exports to India accounted for 21 per cent of Iran’s crude oil outbound shipments in 2017-18.
Read More »Oil Prices 1% ahead of US Sanctions against Iran
Markets could still be underestimating the supply crunch from Iran sanctions.
Read More »Brent Oil Is Likely to Stabilize in $70-$80 per Barrel Range into Year-End
The analysts at Goldman Sachs expect the OPEC producers and Russia to compensate for the drop in Iranian oil supplies.
Read More »Qatar Plans to Boost Gas Output amid Gulf Political Row
Russia. a major oil and gas producer. pumps around 11 million barrels of crude per day.
Read More »India`s Oil Demand to Grow to 500 mln tonnes Per Year by 2040
India’s refining capacity would increase to about 439 million tonnes per year by the financial year of 2030.
Read More »Vitol will Stop Business with Iran after U.S. Sanctions Start
Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.
Read More »Gazprom Leaves First Place in Energy Company Rankings
Gazprom dropped to 17th after a year on top of the S&.P Global Platts table.
Read More »Schlumberger Launches New Zonal Isolation Technology
The CemFIT Shield system improves zonal isolation in long horizontal wells to ensure efficient hydraulic fracturing.
Read More »$80 Oil Supports Energy Infrastructure Investment
Shell is a major player in the U.S. Gulf of Mexico.
Read More »Scottish tidal firm to sit down with G7 ministers
An Edinburgh-based tidal energy firm will sit down with G7 ministers today to discuss the future of the offshore renewable energy sector.
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