Iraq’s refining capacity now reached about 670.000 bpd.
Read More »Iran. Turkmenistan Take Gas Debate to Arbitration
Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.
Read More »Iran`s Non-Oil Trade with Afghanistan Rise By Almost 30%
Iran mainly exported low-density oil. hydrocarbides and floorings to Afghanistan during the four-month period.
Read More »U.S. Oil Exports to India Rise as China Intake Fades
China has proposed import taxes of up to 25 percent on U.S. crude. as well as on liquefied natural gas and coal.
Read More »Exxon Is Close To Discover A Mega Oil Reserves
Pakistan currently meets just 15 percent of its petroleum demand with domestic crude oil production.
Read More »Terrorists Attack Kirkuk-Diyala Electricity Line
Iraq has witness weeks of popular protests calling for an end to corruption and improved living conditions.
Read More »Saudi Arabia Sends more Crude to U.S. as Venezuela Output Falls
Saudi Arabia is sending the most crude oil to the U.S. in 15 months.
Read More »Petrobras Posts Biggest Profit since 2011 as Oil Price Rise
Sales rose in the second quarter to 84.4 billion reais. more than the 83.12 billion-real estimate of six analysts compiled by Bloomberg.
Read More »U.S. Mulls Oil Sanction Waivers as New Iran Penalties Start
The U.S. is weighing case-by-case exemptions for some countries from the next set of sanctions.
Read More »Russian Oil and Gas Companies Serious Problems due to Sanctions
Russia’s ability to increase its oil extraction on its current technological basis has been effectively depleted.
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