Sinopec expects China'.s total crude imports from the US in value terms to more than double in 2018 due to strong demand.
Read More »Oman will Host World Heavy Oil Congress & Exhibition
The World Heavy Oil Congress &. Exhibition is a collaboration hub that the global heavy oil community can return to every year.
Read More »Russia to Assess Legal Points of Purchasing Iranian Oil after Sanctions
Earlier this month. Washington urged its allies to stop importing oil from the Islamic Republic by early November.
Read More »Russia’s Oil Output Stood at 11.054 Million bpd on June
The Russian oil production stood at 11.054 million barrels per day (bpd) on June 1-26.
Read More »Novak. Munchin Discuss Sanctions. Russian Gas Pipeline Plans
Russia depends heavily on pipeline networks to get its energy production to European markets.
Read More »It would be Impossiblefor Iran to Cut its Oil from Market Easily as Demanded by U.S.
The United States demanded all countries stop imports of Iranian oil from November.
Read More »OPEC Agreement did not Specify Oil Production Increase
Iran had demanded OPEC reject calls from U.S. President Donald Trump for an increase in oil supply.
Read More »US could ask Russia to Boost Production as Washington Prepares to Sanction Iran
Russian Energy Minister Novak is on his way to Washington to attend the World Gas Conference.
Read More »Amin Naser Promise to Meet Oil Demand after OPEC Strikes a Deal
Nasser said oil demand is rising by 1.5 million to 1.7 million barrels a day and will be ``healthy`` next year.
Read More »Oil Rises on Libya Export Worries
Traders said prices were mostly driven up by uncertainty around oil exports by Libya.
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