oil
May 22, 2013
NEW DELHI--India's oil imports from Iran fell 34.2 percent in April from March, data from trade sources showed on May 22, bolstering the country's case for the renewal of a...
April 29, 2013
Although China is consumed with concerns about domestic stability, its increasing appetite for Persian Gulf oil has sparked unprecedented Chinese interest in the Middle East....
April 16, 2013
Underwater test drilling has begun in the potentially largest oil and natural gas field in Japan, the industry ministry said April 15.
March 02, 2013
BEIJING--China's drive to fuel more vehicles with cleaner-burning natural gas could reduce oil demand by nearly a tenth--equivalent to Turkey's total oil consumption--and may...
February 04, 2013
BEIJING--The search for culprits behind the rancid haze enveloping China's capital has turned a spotlight on the country's two largest oil companies and their resistance to...
February 02, 2013
Tokyo Bay could be the site of an ecological disaster if a major earthquake struck south of Japan's coast, say experts, citing ground motions that would cause sloshing in oil...
November 27, 2012
JGC Corp. announced Nov. 26 that its Saudi subsidiary JGC Arabia Ltd. has been awarded a contract from state-owned oil company Saudi Aramco for the engineering, procurement and ...
November 11, 2012
How is Brazil trying to develop the Amazon? We spoke to the official with responsibility for this, Izabella Teixeira, Brazil's minister of the environment.
November 08, 2012
Inpex Corp. said Nov. 8 it has signed a service contract with Iraqi State Oil Co. for the Japanese company’s first participation in oil and natural gas upstream activities in ...
October 14, 2012
NEW DELHI--India's HMEL, part-owned by steel tycoon Lakshmi Mittal, has emerged as a new oil client of sanctions-hit Iran, potentially complicating New Delhi's bid for a...
June 29, 2012
DUBAI -- Iranian Oil Minister Rostam Qasemi warned South Korea on Thursday that Tehran would reconsider ties with Seoul if the country stopped importing oil from Iran, the...
June 26, 2012
SEOUL -- South Korea became the first major Asian consumer of Iranian crude to announce a halt to imports after the government said they would be suspended from July 1 due to a ...
June 23, 2012
ST. PETERSBURG--Japanese and Russian government-affiliated corporations have agreed to carry out a joint geological survey of oil reserves in eastern Siberia.
June 15, 2012
Japan's lower house passed a bill on June 15 to provide government guarantees on insurance for Iranian crude cargoes, a key step towards it becoming the first of Iran's big...
June 01, 2012
Japanese oil company Inpex Corp. announced May 31 that it and Russian firm Lukoil have jointly won a bid from the Iraqi government to drill for oil in southern Iraq.
May 15, 2012
NEW DELHI -- India aims to cut imports of Iranian crude by 11 percent to 15.5 million tonnes in 2012/13, Junior Oil Minister R. P. N. Singh told parliament on May 15,...
May 06, 2012
KOLKATA, India--Hoping to wean India from Iranian oil imports, U.S. Secretary of State Hillary Clinton is urging Indian leaders to explore alternative suppliers as she opens a...
April 05, 2012
SINGAPORE--Key ship insurer the China P&I Club will halt indemnity coverage for tankers carrying Iranian oil from July amid tightening Western sanctions against OPEC's second...
March 24, 2012
BRUSSELS -- The European Union agreed on March 23 to exempt until July 1 some insurance on Iranian oil shipments headed for destinations other than Europe from its embargo on...
March 05, 2012
Japan and the United States are close to an agreement on cuts in Japanese imports of Iranian oil that will allow Tokyo to avoid U.S. sanctions, and may conclude a deal this...