Tag Archives: Oil Trade

The new pipeline. dubbed the ".Power of Siberia".. has a planned annual capacity of 38 billion cubic meters.

ONGC Videsh and Indian Oil each own 40 percent interest in the Farsi block that holds Farzad-B field. while Oil India has 20 percent.

Economic pressure on Saudi Arabia is set to intensify as the state spends at home and abroad.

Iran and Indonesia intend to augment bilateral trade to $2 billion in 2017.

BP said last week that it will announce the result of its evaluation of NISOC'.s customized model soon.

Iran pumped 3.759 million barrels per day in April. trimming 39.000 barrels in daily crude oil production compared to the previous month.

Aramco has said the 400.000-bpd Jazan refinery will start next year.

Afghanistan is importing all its oil and gas from Iran. Turkmenistan. Kazakhstan and sometimes from Iraq.

Global crude inventories have not fallen as fast as OPEC or the hedge funds anticipated.

Iraq'.s bulging fuel oil exports have contributed to a glut.