Tag Archives: International

Shipping to Iran and ports in the country are also coming under the US sanctions.

Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.

Transparency about spending would enable Libyans to see who is getting what from Libya oil.

Iran has always been a reliable energy partner for India and others.

It’s unfair to say that OPEC is not doing its part.

Iran has plans to counter U.S. President Donald Trump'.s threats to stop Iran'.s oil sales.

Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.

Eventually. D. Trump will become hostage of Russia and Saudi Arabia who are hardly interested in low oil prices.

Aramco’s net cash flow from operations increased by 21 percent to US$29 billion in 2016.

Libya’s national oil production fell to 527.000 barrels per day from a high of 1.28 million bpd in February following recent oil port closures.