The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.

Basra. Iraq'.s second largest city. needs Iranian gas to feed its power plant.

Surging U.S. production. which rose to 10.59 million bpd last week. has encouraged record-high U.S. exports.

The leaders of France and Germany have had a lot to say lately about the importance of European Union efforts to fight climate change. But when it comes to their own countries action plans. it would seem they are approaching the matter with less urgency. Only 18 of the 28 …

BP signed a major exploration deal in Libya in 2007 but put its onshore plans on hold in 2014 because of security concerns.

Ministers from OPEC and non-OPEC oil-producing countries plan to meet in Vienna on June 23.

Russia is Ready to Facilitate Cooperation between North. South Korea.

Trump will decide by May 12 whether to restore the sanctions. which would probably result in a reduction of Iranian oil exports.

The World Bank forecast that metals prices are expected to rise 9 per cent in 2018 on the back of a pickup in demand and supply constraints.

Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.