Oil prices rose on Friday. supported by signs that US sanctions on Iran are already reducing global crude supply.

The company’s ultimate vision is to have an entirely automated oilfield and yes. this means robots.

Trump’s administration is pushing allies to cut imports of Iranian oil to zero.

Sakhalin Energy is a joint venture between Gazprom (50%). Shell (27.5%) and Japanese trading houses Mitsui (12.5%) and Mitsubishi (10%).

The US national security advisor presented several solutions for the EU and Ukraine to reduce their dependency on Russian gas.

Demand from new buyers is also supporting LNG prices in the region.

Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.

Russia has already built a power plant in Bushehr in southern Iran.

Azerbaijan is one of the key countries that partake in the SGC project.

The Netherlands is building a conversion plant to make high-calorific foreign gas suitable for use in Dutch systems.