OPEC and several other non-OPEC producers have reached an agreement to extend the production deal for a further nine months.
Read More »Japan to Give Wind Power a Spin in Russia`s Far East
The experiment will see if wind power can be harnessed to cut the region'.s diesel fuel consumption.
Read More »S Korea: Iranian Crude Imports Fall 25% on year to 9.09 mil Barrels in Apr
The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.
Read More »OPEC Pick Up Oil Demand Forecast Amid Rising Prices
OPEC’s production increased by 12.000 bpd in April over March. to average 31.93 million bpd in April.
Read More »OPEC Pick Up Oil Demand Forecast Amid Rising Prices
OPEC’s production increased by 12.000 bpd in April over March. to average 31.93 million bpd in April.
Read More »Novak Plans to Discuss U.S. Withdrawal from Iran Deal with Saudi Falih
Global oil prices are currently under the influence of geopolitics.
Read More »Turkey to Launch Gas Pipeline to Europe in June that will Bypass Russia
Turkey will start deep-sea drilling in the Mediterranean this summer.
Read More »Total and Shell to Develop New Gas Resources in Oman
Total has signed a MoU with the Government of Oman to develop natural gas resources in Oman.
Read More »Sonatrach Focus on Petrochemicals
Algeria spent $2 billion on imports of refined products 2017.
Read More »China`s Crude Oil Futures Boom amid Looming Iran Sanctions
China took almost a quarter of Iran’s exports in 2017.
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