Iran criticized the Trump administration’s unofficial request to ramp up oil production to offset the shortfall of Iranian crude exports.
Read More »PDVSA Transfers Oil at Sea Despite Customer Doubt
The delivery method entails specialized equipment and training and higher costs for ship owners and customers.
Read More »Naftogaz Proposes Gazprom to Dialogue on Terms of Future Transit
Earlier Deputy Chairman of Gazprom Alexander Medvedev said he did not understand with whom from the Ukrainian side it is necessary to negotiate on this issue.
Read More »Iraq Starts Exporting First Crude Oil Cargo through IOTC
Iraq has formed a joint venture with a shipping company owned by Arab states to transfer. store and trade crude and oil products.
Read More »North Sea Firms Eye LNG Market Down Under
LNG in Australia is a huge business.
Read More »U.S. Crude Could be a Victim in Brewing Trade War
The U.S. is focused on a ".fair". trading relationship with China.
Read More »Russia Says Demand should Determine Oil Deal Easing
OPEC and non-OPEC countries should take a decision on a possible adjustment of the current deal on oil output cuts by looking into oil demand.
Read More »China independents Look for Other Crude Oil Grades to Cover Venezuelan Shortfall
Venezuelan crudes are mainly used for asphalt production in China. the demand for which peaks over September-November.
Read More »Iraq Signs Oil Agreement with Chevron
Chevron has signed a memorandum of understanding (MoU) with Basra Oil Company.
Read More »Italy`s New Government to Review TAP Gas Pipeline
The final stage of the 3500 km (2200 miles) corridor. would be reviewed along with some other major projects.
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