The United States has softened its insistence on forcing Iran'.s exports towards zero.
Read More »OPEC. Allies Struggle To Add Pledged Barrels to the Market
Top exporter Saudi Arabia pumped most of the extra oil. raising output by 524.000 bpd in September compared to May.
Read More »STAR Refinery will Help Turkey Save about $1.5B Annually
The plant is planned to process oil of such grades as Azeri Light. Kerkuk and Urals.
Read More »Russia Talks New Energy Project with Exxon amid Looming US Sanctions
The US energy giant is currently participating in just one major project – Sakhalin-1.
Read More »Turkey`s Tupras in Talks with U.S. for Iran Sanctions Waiver
Turkey imported around 97.000 barrels per day of Iranian oil in August and 133.000 bpd in September.
Read More »Saudi Aramco will Invest in Refinery-Petrochemical Project in East China
The first crude carrier supplying the refinery should arrive in December or January.
Read More »Iran-Turkmenistan Gas Dispute in Arbitration
Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.
Read More »Total Cooperate with Adani to Re-Enter India`s LNG Market
OPEC estimates India will account for about 40 per cent of the overall increase in global oil demand by 2040.
Read More »U.S. Oil Service Firms Face Tough Quarter despite High Crude Prices
Producers’ unwillingness to raise spending despite higher oil prices also is taking a toll.
Read More »Oil. a Weapon for Saudi Arabia
Global oil supplies had already become tight even before the decisions to cut production and embargo the United States.
Read More »