The country’s refining capacity is currently at more than 700.000 barrels a day.
Read More »Russia’s. US Ministers of Energy Plan to Discuss Iran and Nord Stream 2
The topics of the meeting. first of all. include cooperation in the field of energy.
Read More »Oil Price Rise as Production Stopped
With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.
Read More »Global LNG Prices Exceed Past Winter Peak
Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.
Read More »OPEC NOPEC will Discuss 1 Million Bpd Production Boost Next Week
Analysts had expected that Iran would not agree to any specific production boost.
Read More »Oil Market `Expects` OPEC to Extend Partnership with Other Producers
OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.
Read More »Asian Markets Share Fall on Trade. Emerging Market Anxiety
The financial crises in Argentina and Turkey have sent shivers through emerging markets.
Read More »Oil Prices Decline on Emerging Market Woes. but Looming Iran Sanctions Support
U.S. crude stockpiles fell last week as refineries boosted output amid strong consumption.
Read More »Shell will Open 1200 Gas Retail Outlets in India in 10 Years
Shell India has acquired land for 150-200 sites across the country and operates around 120 retail outlets.
Read More »Saudi Wealth Fund Plans to Diversify Oil-Based Economy
When the Aramco IPO was proposed in 2016. Saudi officials had expected it would raise up to $100 billion to fund his reform agenda.
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