In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.
Read More »China’s Natural Gas Appetite
PetroChina’s domestic crude oil production dropped by 1.3 percent in the first half of 2018.
Read More »Rosneft will Supply Oil to SOCAR`s Refinery in İzmir
The refinery is expected to cut Turkey'.s current account deficit by $1.5 billion.
Read More »Saudi Aramco Awards Baker Hughes Services Contract for Marjan Field
The oilfield is one of the three major offshore expansion projects in Saudi Arabia.
Read More »Japan to Suspend Iran Oil Imports under US pressure
Resource-pour Japan relies heavily on imports of oil from the Middle East.
Read More »Saudi Arabia may Maintain Oct Light Crude Prices for Asia Cargoes
The October OSPs will also mark the first change in Saudi’s crude price benchmarks since the mid-1980s.
Read More »NIOC to Extend Deal with Vitol
The US threat to go after foreign businesses in Iran has been harshly criticized in Europe.
Read More »U.S. Sells 11 mil. Barrels of Oil Reserves to Exxon. 5 Others
Sale of the oil from the reserve was mandated by previous laws to fund the federal government and to fund a drug program.
Read More »Zarubezhneft Mulls Joint Oil Production in Uzbekistan
Two sides established a joint working group and launched joint research with the participation of specialists from the two companies.
Read More »Turkey’s STAR Refinery will Process Russian Oil
STAR refinery will produce naphtha. ultra-low sulfur diesel. aviation kerosene. petroleum coke. liquefied gas and other products.
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