Tag Archives: International

The Europe is reliant on oil imports for 98 percent of demand.

STAR refinery will produce naphtha. ultra-low sulfur diesel. aviation kerosene. petroleum coke. liquefied gas and other products.

OPEC oil output rose last month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record.

Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.

LNG is playing an increasingly important role in China'.s energy security.

Uniper will remain one of the financing partners of this project.

U.S. prices have been supported by a drop in crude inventories.

U.S. crude oil production in 2018 is expected to rise 1.31 million barrels per day.

The biggest increase in supplies this month has come from Libya. whose output remains volatile due to unrest.

Iraq exported 3.543 million bpd of crude oil in July.