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The U.S. move threatens Iran with lower export income and less access to hard currency.
Read More »Arab Economies. Winners of U.S. Exit of Iran Deal
China Marks Crude Oil Import in April
Imports for the first four months of 2018 rose 8.9 percent versus the same period a year ago to 151.43 million tonnes. or 9.21 million bpd.
Read More »Asia Markets Mostly Up after Wall St Surge. Iran Fears Boost Oil
Traders are also nervously awaiting Trump'.s decision on whether or not to continue with the Iran nuclear deal. which he has in the past derided.
Read More »Oil Majors to Support R&D at Global Industry Gathering in Abu Dhabi
Oil firms will evaluate technical solutions by researchers from around 27 countries at the two-day event.
Read More »Construction of TAPI Pipeline is Carried Out According to Plan
As the leader of TAPI Pipeline company Limited. Turkmengas State Concern. which has a controlling stake. acts as the main financier and project manager.
Read More »Iranian Tanker Disaster Investigation Ends in Split Verdict
The Sanchi was carrying the equivalent of nearly 1 million barrels of ultra-light crude. plus its own fuel. to South Korea.
Read More »Falih Visits South Korea’s Atomic Energy Research Institute
Saudi Arabia has received requests for information from five countries — South Korea. China. US. France and Russia — to build two nuclear reactors.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Deadly Sanchi Tanker Tragedy Blamed on `Human Error`
Sanchi was carrying 36.000 tonnes (almost one million barrels) of condensate.
Read More »Azerbaijani Energy Minister Visits Iran`s Oil Exhibition
The four-day exhibition is sponsored by the Iranian Ministry of Oil and its subsidiary the National Iranian Oil Company.
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