India’s oil imports from Iran during the 2017-18 fiscal year fell by 15.7% from a year ago.
Read More »Iran Hydrocarbon Reserves will Last 155 Years
Iran boasts one of the world'.s largest proven oil reserves of 158.7 billion barrels.
Read More »Russia Restores Syria`s Energy Sector
Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.
Read More »Ice-Breaking LNG Carrier Vladimir Rusanov Loads First Cargo
Constructions of the second and the third vessels is underway. and they are expected to be delivered at the end of September 2018 and September 2019 respectively.
Read More »Germany Approves Nord Stream 2 Gas Pipeline
Poland. the Baltic states and Ukraine all oppose the project.
Read More »Saudi Arabia Predicts Oil Cuts Reduction Next Year
The IPO is the centerpiece of the kingdom’s plan to wean its economy off oil.
Read More »Rise of Iran`s Exports from Western Province
China is Iran'.s biggest trade partner.
Read More »China`s Energy Revolution Calls for Rethink by Fossil-Fuel Ports
China steers toward a car industry based on NEVs. the oil trade will lose its luster.
Read More »Rosneft Not Allowed to Export LNG
Competition between the Russian companies for the lucrative European energy market would not be in Gazprom’s best interests.
Read More »US Largest LNG Exporter will Supply CNPC
CNPC has agreed to purchase about 1.2 million tonnes of US LNG per year.
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