Tesla’s plant under construction in Shanghai last week.
Read More »Trump`s Gulf Backups to Iran Aren`t Good Enough for Turkey
Turkey is loath to buy more oil from Saudi Arabia and the United Arab Emirates as the U.S. looks to squeeze exports from Iran. currently the third-largest supplier of crude to the Middle East’s biggest economy.
Read More »Saudi Aramco Sells First LNG as Oil Giant Expands Into Gas
Saudi Aramco. the world’s biggest oil exporter. dipped a toe into the natural gas business by selling its first cargo of the fuel.
Read More »South Korea Wants US to Backtrack on Iran Decision
South Korea is sending a delegation to the United States to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.
Read More »New US Decision not to Impact Chabahar Project
The US decision to end waivers for purchase of crude oil from Iran will not impact the Chabahar port project being developed by India. a US State Department official has told PTI news agency.
Read More »Iran Lambastes Saudi Arabia. Bahrain for Supporting US Oil Sanctions. Warns of Consequences
Tehran has lashed out at Saudi Arabia and Bahrain for supporting Washington’s termination of sanctions waivers for major Iranian crude buyers. saying the Islamic Republic would allow no country to replace it in the oil market.
Read More »Oil Prices Expected to Rise in Summer as US Toughens Stance on Iran Sanctions
Donald Trump is betting that Saudi Arabia and other OPEC members make up for the shortfall.
Read More »Germany will Stand by Iran Nuclear Deal
US President Donald Trump last year pulled out of a landmark 2015 nuclear deal with Iran.
Read More »Iraq will Keep Importing Iran`s Gas. Power despite US Bans
Gas imports for the summer will temporarily increase to 35 million cubic meters per day.
Read More »Shell`s New Deepwater Discovery in Gulf of Mexico
This discovery in a Shell heartland adds to the company’s Paleogene exploration success in the Perdido area.
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