The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.
Read More »Iran`s Crude Export to Asia Increased in July
Iran is aiming to raise oil output to around 4 million bpd by the end of the year from around 3.8 million bpd in recent months.
Read More »China Looks Beyond the Middle East for Its Crude Oil Fix
The Middle East accounted for just under half of China’s crude oil imports in 2016.
Read More »Saudi Sprint in China Oil Race Shows Where Priorities Lie
The world’s largest oil exporter shipped almost 4 million tonnes of crude to China in July.
Read More »Saudis Keen to Compete for Market Share in China. Asia’s Biggest Oil Consumer
Saudi Arabia has moved back up a notch in the race to supply oil to China and compete for market share in Asia’s biggest crude consumer.
Read More »Saudi Arabia Set to Slash Exports to Asia in September
Asia is a key market for every exporter of crude oil.
Read More »Rising Iran`s Oil Exports to China
In the Middle East. the United Arab Emirates will take 111.000 bpd. up 3 percent from July.
Read More »Qatar Seeks to Open New LNG Markets with Floating Terminals
A total of 40 floating import terminal projects exist in varying stages of development across the globe.
Read More »Qatar`s LNG Production Growth Plan. Good Market Signal
Australia is likely to emerge as the second largest LNG supplier globally in the coming years.
Read More »Iran Aims to Rise West Karoun Output
The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.
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