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Many countries. including US allies in Europe as well as China and India oppose the introduction of new sanctions.
Read More »Oil Price Rises ahead of US Sanctions against Iran
Japan is Seeking Exception to Import Iranian Oil with US
In 2017. Japan met 5.3 percent of its oil demand with imports from Middle Eastern nations.
Read More »EIA Lowers U.S. Crude Production Outlook for 2019
EIA expects 2018 output at 10.7 million barrels per day. fractionally down from 10.79 million barrels projected last month.
Read More »Venezuela’s Oil Production to Improve
Oil prices have recovered and the country’s economic collapse has left it unable to capitalize.
Read More »Saudi Arabian Crude Imports to Canada Easy to Replace
Eastern Canadian refineries import about 75.000 to 80.000 barrels per day of Saudi Arabian crude.
Read More »Aramco IPO Abandonment Undermine Saudi`s Commitment to Economic Reforms
Cancellation of Aramco IPO may lead to international investors questioning Saudi Arabia'.s commitment to reforms.
Read More »China Interested in Joining TAPI Pipeline Project
China’s ties to Islamabad have deepened in recent years as Beijing has pledged to fund $57 billion in infrastructure as part of its Belt and Road initiative.
Read More »U.S. Will not Stop Iran Oil Exports
U.S. officials have said in recent weeks that they aim to pressure countries to stop buying oil from Iran.
Read More »Aramco and Mazda will Develop more Efficient Engines
Saudi Aramco has devoted years of intensive investment to co-developing fuels and engine research.
Read More »PetroChina. Qatar Holding Advanced Talks on LNG Supply Deals
Qatar is looking to expand its LNG capacity to 100 million tonnes per year from 77 million tonnes per year currently.
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