Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »U.S. not Able to Bring Iran`s Oil Export to Zero
The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.
Read More »For First Time since October 2015. China`s Crude Production Inches Up
Chinese state majors increased production because of the rising oil prices.
Read More »Rosneft Allows CNPC to Buy Siberia Project Stakes
This agreement concerns large oil and gas projects in eastern and western Siberia.
Read More »Iran`s Oil Revenues Jump 60% in March-July
Iran’s key customers in Asia—no.1 China and no.2 India—are not expected to cut off their imports of Iranian oil.
Read More »Russia Closer to Deal on New Gas Route to China
Russian President Vladimir Putin met his Chinese counterpart. Xi Jinping. on Tuesday in Vladivostok.
Read More »Qatargas Agrees on 22-Year LNG Supply Deal with China
China’s LNG imports may surge 70 percent to 65 million tonnes by 2020.
Read More »Rick Perry to Meet Russian. Saudi Counterparts Ahead of Iran Sanctions
Perry will be the most senior U.S. official to visit Russia since Trump met Russian President Vladimir Putin in Helsinki in July.
Read More »RAPID Project Seeks Commitments for US$9.7bil Loan
Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.
Read More »Libya National Oil Firm Headquarters under Attack
Tripoli was shaken by clashes between rival armed groups at the beginning of this month.
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