Tag Archives: International News Agency

South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.

The export value exceeded $22 billion in the eight months.

The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.

The spike in Chinese gas demand is one of the major factors driving this market tightening.

The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.

Iran signed some MOUs with foreign companies after implementation of the Joint Comprehensive Plan of Action.

Just 18 large-scale carbon capture and storage plants are in operation around the world.

For Exxon. the Permian is still small when placed in the context of its global reach.

Rosneft said the total recoverable oil reserves at five blocks may amount to 670 million barrels.

Oil production from Libya’s biggest oilfield will only restart after ``alternative security arrangements are put in place``.