The organization had invited the US shale oil producers to take part in its seminar in June in Vienna.

In recent years. American reliance on foreign petroleum has dropped.

India’s oil imports from Iran during the 2017-18 fiscal year fell by 15.7% from a year ago.

According to the agreement. Iran scaled back its nuclear activities in exchange for termination of economic and financial sanctions.

The volume of gasoline production in the refinery is to hit 24 million liters a day.

Gazprom may not have time as another trial will likely take years.

The industry’s entanglement in fossil-fuel energy can be seen in the limitations of HSBC’s energy policy.

Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.

Libya. holder of Africa’s largest crude reserves and an OPEC member. is already reeling from political divisions.

Earlier this year. Russia and Saudi Arabia boosted further their energy ties.