Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.
Read More »Oil Market Watching Geopolitical Tension. Inventory Report
UAE-China Trade Grow almost 52.65 bln USD Last Year
The UAE’s foreign trade with China made up 14.7 per cent of the country’s foreign total trade in 2017.
Read More »US Sanctions Iran. International Trade Suffers
In China'.s case. the Iranian crude oil is essential.
Read More »Iran Says U.S. Efforts to Ban Iranian Oil as is Unsuccessful
Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.
Read More »China Calls Better Planning for Building LNG Storage Facilities
China'.s top economic planner has called for proper planning for the construction of liquefied natural gas (LNG) storage facilities to improve the country'.s storage capacity.
Read More »Iran holds 23rd Int’l Oil. Gas. Refining and Petrochemical Exhibition
Several memorandums of understanding are expected to be signed on the sidelines of the exhibition.
Read More »Iraq Issues 6 Licenses of Oil. Gas Exploration to Foreign Firms
Iraq wants to increase its crude oil production to over 5 million barrels per day (bpd) from its current production of about 4.35 million bpd.
Read More »China Manages to Become Major Global Specialty Gas Supplier
China'.s integrated circuit manufacturing industry was heavily dependent on imports abroad.
Read More »Birol: China Drives Global Oil Demand
India follows China in terms of growth in the demand for oil.
Read More »Libyan Outage Caused Oil Prices Rise
Oil prices surged on Friday after the shutdown of a key oilfield in Libya.
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