Iran, being the holder of the largest natural gas reserves in the world, is seeking to double gas output to 1 billion cubic meters a
Tag: Iran
Tumbling Oil Prices : A Blessing in Cursed Times?
An average consumer is not, frankly speaking, used to the fact that oil prices can also fall. In fact, economic history reveals that the harshest
BP Faces a New Wave of Fines, Leading to Disinvestment
BP, sometimes referred to by its former name British Petroleum, the world’s sixth largest energy company by market capitalization, is facing a new batch of
Belarusian Potash Fertilizers Exports to Hit Record in 2014
Exports of Belarusian potash fertilizers are expected to exceed 9 million tonnes in 2014, against 8 million tonnes of last year, Director General of Belarusian
India to Pay Iran $1.65 Billion USD in Oil Dues
India is going to pay Iran about 1.65 billion USD in past dues for the oil that New Delhi bought through the central bank of
Uncertainties about Russia’s Oil Deal with Iran
After several months of negotiations between heavily-sanctioned Russia and rouge Iran on possible cooperation in oil sector, the talks yielded a surprising outcome on 5
Asia Buys US Ultra-Light Oil for First Time in 40 Years
Japan and South Korea have bought the first ultra-light oil from the United States after Washington eased the 40-year-old ban on trading US crude oil
Iran’s Main Oil Firm off Blacklist but still EU-Sanctioned
Iran’s main oil tanker company, NITC, remains to be sanctioned by the European Union, which is why it can neither call at European harbours nor
Iraq Crisis Pointing to Canadian Oil Sands’ Strategic Importance
The escalating crisis in Iraq and the looming geopolitical turmoil in the Middle East have highlighted the urgent need to increase output of Canada’s oil
Russia-China Presidential Talks: Gas Deal Looming
Russian President Vladimir Putin began a two-day official visit to China yesterday, which should give rise to a major gas deal between the two countries.