Calculations show that it could take about a month for a cargo ship to sail from the Middle East to a port in Argentina.
Read More »Venezuela Has Plan B to Sell Its Oil If U.S. Imposes Sanctions
PDVSA owes some US$3.5 billion to the U.S. in the next five or six weeks. according to Platts.
Read More »Call for Petrochem Investments in Underdeveloped Areas
The country hopes to double its petrochemical output capacity to 120 million tons or more within five years.
Read More »Iran Prevents Exports of 13.000 Tons of Fuel to Iraqi Kurdistan Region
The organization has communicated the order to all the related companies since Wednesday. September 27.
Read More »Russia. China to Benefit from U.S. Sanctions On Venezuela
Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.
Read More »Asia`s Iran Oil Imports Reach Five-Month High
The country is aiming to raise oil output to around 4 million bpd by the end of the year and 4.5 million bpd within five years from around 3.8 million bpd in recent months.
Read More »Europeans Set to Build Wind Farms in Khuzestan
Iran'.s installed power production capacity is around 77.000 MW. but output from renewables comprises less than 1% of that amount.
Read More »Iran Close to $10b in Foreign Petrochemical Deals
Tehran says its new petrochemical ventures require over $70 billion in investments that should mostly come from foreign sources.
Read More »US Sanctions Against Iran Would See Grudging International Compliance
If a new deal never materializes. the Trump administration or Congress could reimpose Iranian sanctions immediately.
Read More »Iran Annoyed at Shelving of IP Gas Pipeline Project
Till now Iran has not responded positively to the move of Pakistan seeking force majeure.
Read More »