Tag: Increasing
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Official: India’s imports of Russian oil are increasing for these reasons
India’s imports of Russian oil have been rising month-on-month, since shipments from Moscow have replaced crudes from the Middle East and Africa. India’s national oil company “Indian Oil” – the country’s largest refiner in terms of production capacity – confirmed its commitment to long-term contracts with the Middle East, but spot purchases from the region…
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Increasing oil and gas production in Iran, starting from 2024.. These investments are required
Oil and gas production in Iran is preparing for a domestic boom by next year (2024), including boosting the petrochemical sector as well, despite the continued US sanctions. The CEO of the National Iranian Oil Company “NEOC”, Mohsen Khojashmehr, said that increasing production requires a large amount of investments to complete the projects that have…