VLCC freight rates for key crude oil supply routes to Asia have surged since the US ratcheted up sanctions in recent months.
Read More »Aramco IPO could Break Records
The Aramco IPO will undoubtedly raise an enormous amount of capital. and prospects look good for the immediate future.
Read More »Putin Condemns Attack on Iranian Oil Tanker
The Russian leader urged Iran'.s neighbors to ``respect`` the interests of Tehran as a country that has ``existed on its territory for thousands of years``.
Read More »IEA Cuts Oil Demand Growth Forecasts for 2019. 2020
The IEA had cut its demand growth figures for the year but kept it unchanged for next year.
Read More »Affected Iranian Oil Tanker Heading Towards Persian Gulf
SABITI Oil Tanker which was hit by two explosions in the Red Sea on Friday is sailing towards the Persian Gulf. the National Iranian Oil Tanker Company (NITC) said.
Read More »Spokesman Condemns Targeting Iran’s Oil Tanker in Red Sea
Iranian Foreign Ministry Spokesman Seyed Abbas Mousavi on Friday condemned an attack on an Iranian oil tanker in the Red Sea.
Read More »Big Oil are Poised to Do a Record Number of Clean Energy Deals
Investment in upstream oil and gas projects tends to be high-return but risky.
Read More »Iran to Defeat US Policies against Tehran’s Crude Exports
Iranian Oil Minister Bijan Namdar Zangeneh reassured that his country has mastered the ways to circumvent the US bans on its crude exports. reiterating that Washington will be unable to inflict a serious damage on Tehran’s huge oil industry.
Read More »Iran. Azerbaijan Vow to Expand Mutual Cooperation
Iranian President'.s Chief of Staff Mahmoud Vaezi and Azeri Minister of Labor and Social Protection of Population Sahil Babayev in a meeting in Tehran underlined the need to broaden bilateral relations in different fields.
Read More »Iran. Armenia to Broaden IT Cooperation
Iranian Minister of Communications and Information Technology Mohammad Javad Azari Jahromi in a meeting with his Armenian counterpart Hakob Arshakyan in Yerevan vowed to further develop bilateral relations.
Read More »