A rise in geopolitical tensions has been the main driver of prices in recent times.

For months. American and European officials have been working behind the scenes to try to find a compromise over Trump'.s demands to change the agreement.

Gazprom is ready to hold negotiations with Naftogaz of Ukraine on gas transit after the expiration of the current contract.

Russia has been implementing the Nord Stream 2 project. which intends to double the existing capacity of the Nord Stream pipeline from Russia to Germany.

Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.

Other large energy majors are looking to divest distribution assets and focus more on core exploration activities.

The North-South transport corridor is designed to connect Northern Europe with India and Southeast Asia.

Phase 14 is expected to become fully operational by the end of the current fiscal year.

Saudi oil giant plans to trade as much as 6 million barrels a day.

IEA expects an increase in shale oil production and exports to Europe and Asia in the long term.