U.S. export capacity has shot up from less than 2 million tones per year in 2015 to 18 million tones in 2017.
Read More »Iran. India to Use National Currencies for Bilateral Trade
Iran is India'.s third-largest oil supplier.
Read More »Global Electric Car Sales up over 50 Percent in 2017
The EU has committed to cutting 40 percent of its greenhouse gas emissions from 1990 levels.
Read More »OPEC May Oil Output Hits New Low on Nigeria. Venezuela
OPEC oil output fell to a 13-month low in May.
Read More »Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Russia is Ready to Maintain Gas Transit through Ukraine after Nord Stream-2 is Launched
Putin refused to estimate the gas volumes that can be simultaneously transported through the new gas pipeline and the Ukrainian gas transport system.
Read More »Pouyanne Says Possible to Return One Day to Iran
Total would have to withdraw from the project if it does not obtain specific waivers from the United States government to pursue the project.
Read More »Naftogaz Steps Up Efforts to Recover Gazprom Assets
The Ukrainian company is working in Switzerland. the Netherlands and Britain to acquire Gazprom assets in those states.
Read More »UAE Provided over 28% of Japan’s Crude Oil Needs in April
Saudi Arabia provided 38.933 million barrels. or 40.3% of the total. Meanwhile. oil from Kuwait came to 9.1%.
Read More »Iran’s Water. Power Industry to Remain Untouched by US Sanctions
US sanctions will have not any effect on Iran’s water and electricity industry.
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