Contract for the processing of 40,000 tons of Qashqari crude oil has been awarded to a domestic company. The Ministry of Mines and Petroleum (MoMP) announced.
Following the increase in the price of oil and gas in the country's markets, the officials in the Ministry of Industry and Trade say that the price of oil and gas in the world has increased in such a relative way that the markets of Afghanistan have also been affected by it.
The Ministry of Mines and Petroleum (MoMP) in its annual report said that the ministry is in discussions with the Chinese CNPCI company about the oil contract.
US military forces present in areas controlled by militants of the Kurdish People's Protection Units (YPG) in Syria’s northeastern province of Hasakah have reportedly stopped a Russian military convoy from reaching oil fields there.
Iran's deputy foreign minister for political affairs says President Hassan Rouhani has no plan for talks with US officials during his upcoming visit to Japan.
Saudi Arabia’s energy minister said that its oil supplies had resumed and that its oil market would be “fully back online” by the end of September following attacks which Washington blames on Iran while Riyadh is still probing.
Oil prices soared as much as 20% on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, according to Reuters which reported the latest consequences of the Yemeni drone attack on sites Aramco facility.
India has told the US it should be allowed to import crude oil from Iran without being punished by Washington’s unilateral sanctions on Tehran, major Indian newspaper Hindustan Times reports.
Crude oil prices were slightly up at opening on Tuesday as the U.S. and China's restart of trade talks provided optimism for investors who expect poor global economic growth and low overall oil demand next year.
Tehran says China’s state-owned energy giant CNPC has replaced Total in the multibillion-dollar South Pars gas project after the French company left Iran due to the return of US sanctions.