It was the world'.s first collision and explosion involving a vessel carrying condensate. an ultra-light crude oil.
Read More »India`s April oil imports from Iran highest since Oct 2016
Overall. India imported 4.51 million bpd in April. 2.5 percent higher than a year ago.
Read More »Compliance with OPEC+ deal went down in April due to production growth in Kazakhstan and activity in Russia
The level of compliance with the output limit in April made 172%.
Read More »Total will Quit Iran Gas Project if no Sanctions Waiver
Total holds a 50.1 per cent stake in the South Pars project.
Read More »Russian Gas Pipeline to Germany Raises U.S. Intelligence Concerns
U.S. was skeptical whether Russian transit guarantees for other countries such as Ukraine were enforceable.
Read More »Nord Stream 2 Pipeline Officially under Construction in Germany
Work has officially begun to build the German section of a contested gas pipeline from Russia that is opposed by Poland and other countries.
Read More »Total will not Pay Penalty if It Quits Gas Project in Iran
Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.
Read More »Iran Asks Chinese Oil Buyers to Maintain Imports after US Sanctions
China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.
Read More »OPEC Compliance Reaches Record 172%
OPEC and several other non-OPEC producers have reached an agreement to extend the production deal for a further nine months.
Read More »Europe to Get Rid of US Dollar in Payments for Iranian Oil
Mogherini stressed that the sides should jointly work on the lifting of sanctions as an integral part of the historic nuclear deal.
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