South Korea’s oil imports from Iran fell nearly by 38% in April from the month before as Tehran struggled to maintain supply after clearing crude stored on ships, Reuters reported. South Korea, one of Iran’...
The Philippines National Oil Company’s (PNOC) President, Pedro Aquino, stated the company plans to import from 250,000b/d to 260,000b/d of oil from Iran, as informed on Press TV. The Iranian oil is expected to f...
Iran is conducting negotiations with a number of neighboring countries, including Iraq, to export natural gas, Tasnim News Agency reported, citing the National Iranian Gas Company (NIGC)’s Managing Director, Ham...
Egyptians Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry is targeting bringing 2.5bcf/d of gas online in the coming months, Ahram Gate reported. The production raise comes in the...
Kuwait’s crude oil exports to China in the first three months of 2017 rose 14.7% from the same period of 2016 to 305,000b/d, Kuwait News Agency (KUNA) reported, citing the government’s data. As mentioned by MENA...
Kenya will invade the Asian market as an oil exporter by mid-2017. China and India are going to import oil from Kenya under a test program that will be launched in June, in opposition to a prior announcement stating t...
Iran has signed an agreement for supplying liquefied petroleum gas (LPG) to India. The Iranian Gas Commercial Company (IGCC)’s Managing Director, Mohammadali Barati, stated that the country is seeking to diversify its...
Oil shipments from Saudi Arabia to South Korea rose by 10.9% to reach 3.52m tons per month, or around 831,4b/d, during March compared to 2016, Reuters informed. However, South Korea’s imports of Saudi crude oil decrea...
Belarus received late March its first batch of Iranian light and crude oil, as informed by Press TV. According to Energy Today, Belarusian Company of Beloil Polska received a cargo of 600,000 barrels (800,000 tons) of...
Speaking to a group of officials in Kerman Province, central Iran, the country’s First Vice-President, Eshaq Jahangiri, said that Iran has now become a major exporter of gasoil, and will soon turn into an exporter of ...