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Chinese companies have moved into Venezuelan upstream activities as well. However. here the primary play has been to control oil export revenues.
Read More »Russia. China to Benefit from U.S. Sanctions On Venezuela
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 »India Receives First-Ever Shipment of US Crude Oil at Paradip Port
Indian companies. both public and private. have invested about $5 billion in US shale assets.
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 »Erdogan`s Visit to Tehran Very Important Due to Regional Developments
The two countries'. cooperation will form stability in the region.
Read More »Robust Chinese Demand Ensures Asian LNG Rally Has Legs
French nuclear regulator ASN ordered Electricite de France on Thursday to shut four nuclear units. sending power prices spiking.
Read More »Saudi Arabia Produces 44% of GCC’s Natural Gas
Saudi Arabia’s fertilizer products portfolio consists of ammonia (26 percent). urea (28 percent). and diammonium phosphate (DAP) MAP (22 percent).
Read More »Shell CEO van Beurden says oil prices will be around $60 by the end of the decade
Van Beurden said forecasting oil prices in the short term was ".very difficult.". but he still expected gains.
Read More »How Far Will Turkey Go to Weaken Iraq`s Kurds?
Erdogan has to formulate a tough response to shore up the nationalists at home ahead of critical elections in 2019.
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