JOCAP. with 50 percent share held by SOCAR and Total each. will be the operator of Absheron project.

The new warning reserves the same area for military training and gunnery exercises from February 22 until March 10.

China is steadily promoting the related technologies of hydrogen fuel-cell EVs.

Mexico was invited to become the IEA’s 30th member country in June 2017.

Global oil demand for 2018 is estimated to grow 1.6 million barrels per day.

The two sides are expected to discuss resumption of export of Iraqi oil through the port of Ceyhan. on Turkey'.s eastern Mediterranean coast.

Trade sources have reported that Egypt has been looking to import five cargoes of LNG at competitive pricing.

Construction works at the Sangachal terminal expansion area are complete.

For now. it does not seem likely that OPEC will emerge as a black swan to the oil market this year.

China steers toward a car industry based on NEVs. the oil trade will lose its luster.