Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Aramco is expanding its refining and petrochemical business globally.
Read More »Aramco to Buy Stake in Refining Business of India`s Reliance
Iran Eyes 5 Oil Project Deals with Local Firms
Iran is likely to award up to five oil exploration and production contracts to local firms.
Read More »Chinese Demand will Boost Oil Prices
In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.
Read More »Iraq to Build Oil Refinery to Process Kirkuk Crude
Around 300.000 bpd of crude oil previously pumped and exported in the Kirkuk province to the Turkish port of Ceyhan.
Read More »Aramco Buys Stake in South Korean Hyundai Oilbank
Aramco planned to invest up to $1.6 billion in Hyundai Oilbank. to expand its foothold in South Korea.
Read More »European Refiners Switches to Russian Sour Grades
U.S. sanctions have removed 800.000 bpd of heavy crude from the global market.
Read More »U.S. Imposes Fresh Sanctions on 4 Venezuelan Companies. 9 Vessels
The U.S. has been pursuing a policy of economic sanctions and diplomatic isolation against the Venezuelan government in support of the opposition leader Juan Guaido.
Read More »OPEC Could Raise Oil Output If Prices Increase
In 2018 OPEC+ decided to increase output at its mid-year meeting. only to return to production cuts in 2019.
Read More »Asian LNG Glut Surpasses China’s Strong Demand Growth
China continues its effort to switch away from coal.
Read More »Venezuela Oil Exports Stable In March
The blackouts suspended operations at Venezuela’s largest oil export terminal.
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