China and Russia have an interest in preventing the complete collapse of Venezuela’s oil industry.

The Australian Energy Market Operator (AEMO) has today announced the successful launch of the Capacity Trading Platform (CTP) and Day Ahead Auction (DAA) market mechanisms. delivering improved trading capabilities.

The Australian Energy Market Operator (AEMO) today opened registrations for participation in its virtual power plant (VPP) demonstration program.

The two side also discussed the oil market conditions and the Kingdom’s keenness to maintain its stabilities.

Latest official reports from Iranian authorities show that the country’s export has preponderated over its imports in the second quarter of 2019. indicating that Tehran’s economic policies to cushion Washington’s unilateral pressures are bearing fruit.

The pipeline’s offshore section is expected to equal about 910 km.

Tensions in the Middle East have heightened in the wake of attacks on tankers and U.S. drones.

Turkey has sent two drilling ships. Fatih and Yavuz. as well as an exploration vessel. to operate in waters off the divided island of Cyprus.

In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.

Pressure has mounted on China to develop soybean importing channels after its trade relations soured with the US.