Iranian crude will be offered on the bourse and the private sector can export it.
Read More »White House Abandon Trump Tweet that Saudi King Agree to Produce More Oil
Statement doesn’t confirm Trump tweet that King Salman ``agreed.``
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
Read More »US Sanctions Iran. International Trade Suffers
In China'.s case. the Iranian crude oil is essential.
Read More »South Korea Shortlisted for Saudi Arabia`s Nuclear Project
The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.
Read More »Iran Asks OPEC Members to Abstain from Unilateral Actions
Iran had been pushing hard for oil producers to hold output steady as U.S. sanctions are expected to hit its exports.
Read More »India Hunts for Gas
The South Asian giant consumes almost 22 million metric tonnes a year of liquefied natural gas.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »Nord Stream 2 Improve European Energy Security
The construction of the Nord Stream 2 gas pipeline will improve the European energy security.
Read More »Masdar. Equinor have Installed World-First Battery Facility
The project is Masdar'.s second offshore wind partnership with Equinor.
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