The U.S. is growing its position as a global leader in LNG exports.
Read More »Nigeria Cuts Oil Production to 1.685 million bpd
Iran. Libya and Venezuela are exempted from the cuts.
Read More »Switzerland prepares to launch Iran payments channel
Switzerland is close to launch an initiative to let companies sell food. medicine and medical devices to Iran by using a new payment channel.
Read More »Saudi Arabia Spares Asia from Crude Cuts in Bid to Keep Market Share
South Korea imported 8.8 million barrels of light sweet WTI Midland and Eagle Ford crude and condensate in October.
Read More »Language of respect must replace language of sanction. threat
Araghchi says language of respect must replace language of sanction. threat.
Read More »Europeans must take operational steps to safeguard JCPOA
The EU’s political support is valuable. but not enough. European countries must take operational steps to safeguard the JCPOA.
Read More »Supply Glut and Economic Concerns Affects Oil Price in 2019
The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.
Read More »Khalid al-Falih Expects Oil Stocks to Fall by End of First Quarter
The U.S.-China trade war would not have an impact on Saudi Arabia’s relationship with China.
Read More »Over 12.000 kilometers of roads. railways under construction
More than 12.000 kilometers of roads and railways are currently under construction throughout the country
Read More »Iran Earns 16% More in Tar Exports in Last 8 Months
Iran exported $561 million worth of tar in the first eight months of the current Iranian year
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