The increase in the exports of petrochemical products is mostly due to inauguration of new petrochemical units in Iran.
Read More »Rosneft Shifts Exports to Affiliate. Skirting U.S. Sanctions on Venezuela
Moscow has been a crucial supporter of the Maduro regime over the years.
Read More »Sanctions on Rosneft Unit Threaten Venezuela’s Vital Oil Trade
U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil. but pose only a limited threat to the Russian energy giant’s wider business.
Read More »Qatar’s Plans to Raise LNG Output will Lead to Boom in Maritime Transport. Logistics Services Industry
Many developments have already been achieved during the past few years.
Read More »Iran’s Defense Ministry to Build 83 Commercial Ships
The Iranian defense ministry will be paid $280 million by the Port and Maritime Organization of the country (PMO) to build 83 new large vessels. in a move to bypass the US sanctions against Tehran’s transportation infrastructures.
Read More »OPEC Underestimates China Virus
China’s own oil consumption is down sharply as factories stay closed and travel restrictions remain in place.
Read More »World’s First Liquid Hydrogen Fuel Cell Cruise Ship Planned for Norway’s Fjords
Norway’s electricity is mostly generated from clear hydro power and some onshore wind.
Read More »Erdogan`s Attempt to Explore Gas in the Eastern Mediterranean
Cyprus regards Turkey’s attempt to explore gas in the Eastern Mediterranean as provocative.
Read More »US Likely to Lift Iran-Related Sanctions on Chinese Tanker Company COSCO
The US will likely lift sanctions on units of Chinese tanker company COSCO after Washington accused it of transporting Iranian oil.
Read More »Oil Traders Made Billions in 2019 as Conflict Shook the Market
The world’s largest energy traders enjoyed one of their best ever years in 2019 as pipeline outages. dramatic changes in ship fuel regulations and Middle East conflicts shook up the global oil market.
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