The litigation between Gazprom and Naftogaz at the Stockholm Arbitration Institute was related to the terms of a contract on gas transit through Ukraine made eight years ago.

In 2017. Total produced 15.000 barrels of oil equivalent per day (boe d) in Algeria.

One bright spot for Iran is its first delivery of crude to Chile in at least 16 years.

China has been a key recipient of American oil since a 40-year U.S. ban on exports was ended by then-President Barack Obama in 2015.

Trump unveiled a 25 percent tariff on a list of strategically important imports from China. including cars. promising further measures if Beijing struck back.

GCC countries are thinking about the need to replace lost Iranian barrels.

The US president had already emphasized that the regime of sanctions he plans to impose on Iran will be ``at the highest level``.

EU’s position at the forefront of energy transformation and reflects the new economics of renewable energy.

The producers meet on June 22-23 in Vienna and will discuss a gradual easing of the supply cut.

Move comes after White House imposed tariffs on $50 billion of Chinese goods.