Tag Archives: International News Agency

Libya'.s oil industry has been at the mercy of groups vying for control of valuable assets.

The Japan Arctic LNG consortium comprises Mitsui &. Co and Japan Oil. Gas and Metals National Corporation.

China still has quite a big demand for electricity.

Russia is now preparing to dilute the contaminated oil stuck in the pipeline with clean crude.

Vietnam and China have long been locked in a maritime disagreement over the resource-rich waters of the South China Sea.

India imports more than 80% of its oil and around two-thirds of that comes from the Middle East.

A study carried out by the Iranian parliament alleges that the Iranian economy suffers billions in losses each year over the damage inflicted on the environment.

French car makers Renault and Peugeot have posted a slump in first-half vehicle sales. mainly because of their withdrawal from Iran under threat of US sanctions.

A senior official from Iran’s Ministry of Oil says the country is currently holding abundant stocks of fuel despite US sanction that have affected the oil industry.

Iran’s ports south and north of the country are drawing an unprecedented amount of investment from the private sector as authorities eye a jump in onshore manufacturing activities.