Iran plans to boost steel output to 55 million tons a year by 2025.
Read More »China Leads Global Crude Oil Imports
China imported 10.68 million barrels per day (bpd) of oil in April.
Read More »US Can’t Ensure Cheap Oil Supply to India
India’s total crude oil imports for FY19 was marginally down to 209.4 million tonne.
Read More »China Unlikely to Follow US Oil Sanctions on Iran
China is Iran'.s biggest oil customer. importing about 22 million tons of crude oil from Iran in 2018.
Read More »World`s Second-Biggest LNG Tanker Class Vessel to Transit Panama Canal for First Time
This is the first Q-Flex to transit the Panama Canal.
Read More »Japan relies on Iranian oil. to talk to US about it
Japan says it relies on crude imports from Iran and seeks to hold talks with the United States about the matter to keep its energy supply steady. amid ongoing attempts by Washington to curtail Iran’s oil sales.
Read More »Russia-China Close to Big Arctic Projects
China as a buyer needs gas and a reliable long-term source.
Read More »Japan Relies on Iranian Oil. to Talk to US about It
Tehran’s measures to cushion the impacts of US sanctions against the country would take Trump by ``surprise.``
Read More »Russia Explores $164Bln Worth of Arctic Projects
President Vladimir Putin has promised tax incentives and other benefits to encourage companies to develop the Arctic region.
Read More »India`s Iran Oil Imports up 5% YoY despite US Sanctions
India'.s waiver allowed the country to continue to buy about 300.000 bpd Iranian oil until early May.
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