Tag: oil
Nusantara Gas Axis
Indonesia has proven and potential gas reserves of around 100 trillion cubic feet, still the largest in Southeast Asia (ASEAN). If optimized, gas reserves can become a new axis […]
Kazakhstan to launch its own tankers in Caspian, Black seas
By Kuban Abdymen ASTANA: Kazakhstan is actively acquiring tankers to transport its oil through the Caspian and Black seas, Bloomberg reports citing the Kazakh oil and gas company “KazMunayGas.” The […]
Elation, pride in Cambodia as its first drop of oil makes history
By Chhay Sophal Thisiscn, Cambodia PHNOM PENH: Waiting for years, Cambodia’s dream is becoming true on Tuesday and it is the Kingdom’s pride under Prime Minister Hun Sen’s government […]
Moon, Saudi crown prince discuss global response to attack on oil facilities
Seoul: The leaders of South Korea and Saudi Arabia agreed Wednesday to strengthen partnerships in the fight against terrorist acts, such as the recent drone attack on oil facilities in […]
Threat of energy crisis in Indonesia
The further erosion of Indonesia’s oil production is a real threat and it cannot be denied that it is a burden on state finance. The government must provide Rp.1 trillion […]
4th anniversary of The Joint Comprehensive Plan of Action
July 14th was the 4th anniversary of The Joint Comprehensive Plan of Action. It is known as the agreement on the Iranian nuclear program reached in Vienna on July 14, […]
Russia and Iran in oil swap talks
Tehran is in talks with Russian companies on petroleum swap deals, Iran’s deputy oil minister for international affairs Amirhossein Zamaninia said. “Yes, we are,” he said when asked whether the […]
Japan trading houses eye resuming Iran oil imports
Japanese traders including Marubeni Corp. and Sumitomo Corp. that stopped buying Iranian oil during western sanctions are looking to resume imports, potentially by year-end, industry sources said, The Japan Times […]
Iran Ready for Oil Swap with Caspian Neighbors
An official with the Iranian Oil Terminals Company (IOTC) says Iran can swap up to 120,000 b/d of crude oil with its northern neighbors at North Oil Terminal, Shana reports. […]
Azerbaijan allocates $850M for refinery construction in Turkey
Azerbaijani State Oil Fund (SOFAZ) has allocated $844 million as of July 1, 2016, as part of the country’s financing the project of construction of a new oil refinery of […]