Most exports from the Gulf that transit the Suez Canal and the SUMED Pipeline also pass through Bab al-Mandeb strait.
Read More »Saudi Arabia is Temporarily Halting all Oil Shipments through Bab-El-Mandeb Strait
One of the VLCCs sustained minimal damage.
Read More »Germany Inspire India to Buy Oil from Iran
India is Iran’s top oil client. and it is also one of the countries that are most heavily dependent on oil imports.
Read More »Ankara Contends US Sanctions against Iran
Although Ankara may be at odds with Iran in some cases. it does not agree with the sanctions imposed on it.
Read More »Novak Raises Forecast for Oil Production in 2018 by 3.5 mln tonnes
In July. Russia planned to boost production by 200.000 barrels per day.
Read More »SOCAR Mulls Gas Distribution in Bulgaria
Azerbaijan’s state oil company SOCAR is interested in gas distribution in Bulgaria.
Read More »NIOC Considers Gazprom Proposal for Development of North Pars Field
Gazprom had recently submitted proposals to the NIOC to study Changuleh and Cheshmekhosh fields.
Read More »Argentina will Export Natural Gas to Chile
In 2016 and 2017. Chile exported excess electricity to Argentina through the single power line that currently connects the two countries.
Read More »Iran. Russia Consider Oil Cooperation
The two sides exchanged views on Tehran-Moscow energy cooperation roadmap.
Read More »Kazakhstan may Increase Oil Production in 2019
According to OPEC+ deal Kazakhstan must lower oil production by 20 000 barrels per day to the level of November 2016.
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