Japan to import Yemeni Masila crude oil for the first time since 2015
Japan is set to import a Masila crude oil cargo from Yemen for the first time since 2015 as part of its efforts to expand its supply sources. The move Continue Reading
China’s top diplomat says cooperation with Iran to continue: Xinhua
China will continue its cooperation and relations with Iran, state news agency Xinhua reported on Friday, citing a statement from Chinese State Councillor Wang Yi. The Joint Comprehensive Plan of Continue Reading
Would The U.S. Sanction China For Buying Iranian Oil?
A U.S. State Department official has suggested that Washington could impose sanctions on China if it continues to buy Iranian oil after November 4 when sanctions specifically targeting Iranian oil Continue Reading
Saudi Aramco committed to meeting future oil demand: energy minister
Saudi state oil giant Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom’s Energy Minister Khalid Al Falih said in a company report on Friday. Continue Reading
Iraqis Stage Sit-in Over Reported Killing of 1 Protester, Injury of Others
Dozens of Iraqis on Thursday staged a sit-in in the southern, oil-rich city of Basra to protest the reported death of a protester — and the injury of several others Continue Reading
Iran Says German Oil Company Looking To Make Deal Despite Sanctions
German company ADL and Iran’s Sepahan Oil Company (SOC) have signed an agreement to cooperate in technology transfer in oil and gas industry lubricants, Iranian media report. European embassies have Continue Reading
Basra Oil Co. moves Chevron project forward
The Basra Oil Company (BOC) and Chevron on Thursday agreed to terms of a confidentiality agreement that could see the U.S. oil giant study – and boost production from – Continue Reading
U.S. Signals It Could Sanction China Over Iran Oil Imports
The new U.S. special representative for Iran said Thursday the Trump administration is prepared to impose sanctions on all countries that buy oil from Iran after a deadline in November, Continue Reading
Seoul concerned about condensate supplies amid looming Iran sanctions
South Korea is seeking a sanctions waiver from the US to continue importing Iranian condensate, saying that it is hard to find alternative sources due to limited suppliers, a government Continue Reading
DNO pays out first dividend in 13 years
Pointing to a high level of success for its assets in the Kurdish north of Iraq, Norwegian company DNO said it was paying its first dividend in 13 years. The Continue Reading