Russia to Decrease July Oil Exports After Rise in Domestic Demand

• Sunday, 14th June 2020
• by Editorial Team

Russia is set to further reduce its overseas supply of Urals Crude oil in July due to an unexpected spike in domestic demand as COVID-19 restrictions ease, according to Reuters. “Demand for gasoline is ramping up fast...

South Pars to Commence Overhaul on Sixth Refinery in October 

• Monday, 8th June 2020
• by Editorial Team

South Pars’ sixth refinery is expected to undergo an overhaul in October to help stabilize gas output in Asseluyah, according to Tehran Times.  Operations on the sixth refinery will be completed in 2021 and will focus...