Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.
Read More »Japan`s Crude Imports from Iran Rise over Past 5th Month
Japan'.s oil imports from Iran jumped to 65 percent year on year in August.
Read More »Fukushima Nuclear Plant Water Still Radioactive
Around 161.000 tons of treated water has 10 to 100 times the limit for release into the sea.
Read More »Abe to Discuss Sanctions and Oil with Iran’s President on Sidelines of U.N. Meeting in New York
Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.
Read More »China`s Big Stake in Venezuela Oil Industry
Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »U.S. Sells 11 mil. Barrels of Oil Reserves to Exxon. 5 Others
Sale of the oil from the reserve was mandated by previous laws to fund the federal government and to fund a drug program.
Read More »China`s another Chance in Mideast Energy with Total’s Iran Exit
Chinese companies have invested in Iraq. the United Arab Emirates and Iran in recent years.
Read More »Japan Increase U.S. LPG Purchases due to Sino-U.S. Trade Conflict
The U.S. has become increasingly price competitive.
Read More »Toshiba Plans to Sell U.S. LNG Project to Cut Largest Risk
The company appears to have begun negotiations with multiple companies to sell the project.
Read More »Inpex Begins Production at Offshore Australian LNG Project
Shipments of LNG and liquefied petroleum gas from the project are expected to begin by the end of September.
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