South Korea's imports of Iranian crude in April increased 8.9% year on year to 552,884 mt, or an average 135,088 b/d, from 507,821 mt a year ago, preliminary data released Thursday by the Korea Customs Service showed. Its April Iranian ...
Tags: Crude Oil, crude imports
South Korea's imports of Iranian crude oil in February more than doubled to 8.140 million barrels, or 290,714 b/d, compared with 3.974 million barrels a year earlier, data released Tuesday by state-run Korea National Oil Corp. showed. ...
Taiwan's total crude imports in August plunged 22.8% year on year to an average 704,000 b/d due to lower refinery runs, according to data released Monday by Taiwan's Bureau of Energy at the Ministry of Economic Affairs. This was the ...
Tags: taiwan, Construction, Decoration, Crude
The US on Friday identified eight petrochemical companies it says are owned or controlled by the government of Iran and are therefore subject to sanctions. The US State Department also sanctioned two companies "for knowingly engaging in a ...
Tags: Metallurgy, Mineral, Energy, oil
Iran oil industry has launched an international insurance company to insure the tankers transporting its crude oil across the globe. Iranian Oil Minister Rostam Qassemi was quoted by English.farsnews.com as saying that after international ...
Tags: international insurance company, insurance company, oil tankers
The Express Tribune reported that Iran has given Pakistan an offer that looks like it is too good to refuse. Tehran offered 100,000 barrels per day of crude supply to fuel starved Pakistan on a long term deferred payment. Sources said ...
Tags: Iran, oil, energy, oil industry
KUNA reported that Kuwait's crude oil exports to Japan jumped 25.3% in October from a year earlier to 8.19 million barrels or 264,000 barrels per day for the first expansion in 2 months. The Japanese Natural Resources and Energy Agency ...
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Reuters reported that Iran will build millions of barrels of oil storage facilities in the Gulf over the next few months in response to international sanctions on its exports. Mr Mahmoud Zirakchian Zadeh MD of the Iranian Offshore Oil ...
Tags: Oil Storage, oil storage facilities, international sanctions
Japan's government is likely to provide insurance for tankers that import Iranian oil to Japan in the wake of the European Union sanctions on Iran in July 2012. The Nikkei business daily was cited by Reuters as reporting that it is ...
Tags: Japan, liability exposure, oil imports, Iran
Japan's lower house of parliament has endorsed a bill to allow Japanese government to insure Iranian crude oil importing shipments, in an effort to counter new US-European Union sanctions against Iran. Yet to be voted by the upper house, ...
Tags: Japan, Iranian crude oil, oil import, insurance policy