Tag Archives: Reuters International News Agency

Iraq exported 3.521 million bpd of crude oil in June.

China surprised everyone in June by announcing that it would not issue approvals for any new solar power installations this year.

Iran is now offering to insure oil cargoes to India after some insurers stopped providing the service in the face of the impending sanctions.

OPEC hiked production by 70.000 barrels per day (bpd) to 32.64 million bpd. the most this year.

S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.

OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.

JPMorgan and Morgan Stanley have been picked to advise on Aramco’s plan to buy up to a 70 percent stake in the petrochemical maker.

In April. Eni said Zohr had a reached capacity of 800 MMSCFD. or 150.000 barrels of oil equivalent (BOE) per day.

All oil shipments passing through Bab Al-Mandab Strait have been suspended temporarily until navigation through the area is secure

Maduro says this is a way of boosting country'.s international reserves.