Tag Archives: Persian Gulf

OPEC’s production rose in August as a recovery in Libyan output helped offset a cut in Iranian exports.

Construction is underway at the South Aluminum Corp (Salco) smelter to produce 300.000 tons per year in the first phase.

Chinese companies have invested in Iraq. the United Arab Emirates and Iran in recent years.

The July program takes Iran exports so far this year to 3.71 million mt. according to shipping fixtures.

Market participants said demand was strong in the PG region due to the annual Islamic pilgrimage to Mecca.

Final oil trade data for July will be released later this month by state-run Korea National Oil Corp.

Iraq has no option to export Kirkuk crude from the north of the country due to a political dispute with KRG.

The boat was carrying rice from Kuwait to Bandar Ganaveh when it sank near Norouz Oil Wells.

PGPIC and Maroon Petrochemical Company would sign the deals separately with NIOC.

Kuwait has long planned to increase its global capacity to produce oil and gas.