Tag Archives: Reuters International News Agency

China is under the pressure to cut oil purchases from Iran.

The projects would pave the way for greater U.S. oil and gas exports.

Norway’s leading industry has been on the mend for the past two years after a 2014-2016 downturn.

Sinopec expects its crude oil output to remain stable over next three years.

South Korean refiners and petrochemical producers suspended shipments of Iranian crude and condensate in July.

Non-oil exports from Iran’s South Pars. the world’s largest gas field. rose 23 percent over the past year.

The pipeline is expected to deliver 55 billion cubic meters of Russian natural gas per year to the European Union.

Sinopec will process 121 million tonnes of crude oil in the second half of the year.

Trump’s administration is pushing allies to cut imports of Iranian oil to zero.

Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.