Nicolás Maduro must address discontent and economic hardship in Venezuela.
Read More »Oil Decrease as Market Eyes Possible Easing of OPEC Supply Curbs
The United States is actively considering oil sanctions on Venezuela.
Read More »China Imports More Oil and Gas from the U.S.
Gas is increasing in demand as the Chinese government moves to replace coal to combat air pollution.
Read More »Sinopec to Boost U.S. Crude Imports to All-Time High
China prefers a heavier quality of crude whereas the bulk of U.S. oil exports is light crude. the source said.
Read More »Shell in Court over Oil Spills
The Bodo oil spills have been the subject of years of legal wrangling.
Read More »American Oil Boom Tempting Ships to Steer Clear of Iran
The US is shipping record amounts of crude following the end of an export ban in late 2015.
Read More »Nordic Firms Press EU over 35% Renewable Energy Target
Eighteen Nordic companies pressed EU energy ministers yesterday in a letter in an attempt to get the politicians to back 35% renewable energy target by 2030.
Read More »TANAP to Strengthen Positions of Azerbaijan. Turkey in Global Energy Market
The length of TANAP is 1.850 kilometers with an initial capacity of 16 billion cubic meters of gas.
Read More »Iran`s Light Crude Closes to $74 per Barrel
On May 8. US President Donald Trump announced his country'.s exit from Iran nuclear deal. saying Washington will reinstate the unilateral sanctions on Iran within 90 to 180 days.
Read More »India Oil Imports from Iran Rose to Highest Level since October 2016
Iran and the major world powers in 2015 signed the nuclear agreement. under which Tehran agreed to curb its nuclear program in exchange for economic sanctions relief.
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