China had asked Russia about the possibility of shipping around 3.5 million tonnes of oil via the Russian Pacific port of Kozmino next year.
Read More »Exxon Restarting Second-Largest U.S. Refinery
The company said it began initial restart of the 560.500 barrel per day (bpd) Baytown refinery on Friday night.
Read More »Largest US Oil Refinery Closes Due to Harvey
Gasoline prices spike as quarter of country’s oil refining capacity taken offline.
Read More »Iran Launches New Oil Spill Response Vessel in December
Iran launched its first homegrown OSRV. Daryapak-1. in the southern port city of Bandar Abbas in June 2015.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
Read More »Iran Will Export Gas to Basra Soon
Iran (34 trillion cubic meters) and Russia (32.6 tcm) hold the largest proven gas reserves.
Read More »South Pars Field Supplies 65% of Iran’s Total Gas Consumption
It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.
Read More »China Builds Asia`s Biggest Oil Refinery in Pakistan
The project will have capacity to refine 100.000 barrels of oil per day.
Read More »Washington Congratulates Lithuania for Receiving First LNG Shipment from US
Lithuania follows Poland in receiving its first LNG delivery from the US. reducing Russian energy dependence &. increasing Baltic security.
Read More »Number of US LNG Buyers Can Increase Further
The US Energy Information Administration (EIA) expects the country’s LNG exports to increase in coming years.
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