Iranian oil exports to Europe have started to rise following a slow start after the sanctions were lifted in January. However, Teheran is now facing
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Iran’s Oil Sales to Europe Already at 54 Percent of Pre-Sanction Levels
Iranian Oil Minister, Bijan Zanganeh, announced on Saturday (6 February) that following the lifting of international sanctions, Iran’s oil sales to Europe had already reached
Saudi Arabia Might Postpone the Closure of Jeddah Refinery
Saudi Arabia’s state-oil giant Aramco is pondering whether to close its oil refinery in Jeddah due to age and environmental issues. The refinery, which started
Supertankers for Oil Products Being Built in the Wake of Refineries Revolution
The fast growth of huge refineries is encouraging the development of a new class of oil supertankers as traders start looking for scale and volume
Iran’s Nuclear Deal Likely to Spur Exports and Drag Oil Price Down
Iran’s nuclear deal with the world powers is expected to spur the country’s oil exports and thus further support the downward trend in global oil
Acquisitions of Small Oil Firms Setto Pick Up
Major energy companies have sold unprecedented amounts of debt in early 2015, taking advantage of very low interest rates after oil prices plunged more than
Kazakhstan to Help Ease EU’s Energy Dependence on Russia
The Central Asian region has a strategic geopolitical location, an enormous economic and energy potential and abundant wealth of resources that represent an important factor