Iran is OPEC’s third-largest producer. providing more than 2 percent of global oil output.
Read More »Erdogan. Putin Key Gas Partnership
Russian energy giant Gazprom is scheduled to begin construction in 2019 of the second section of the pipeline.
Read More »Romania. Russia`s New Challenger in Eastern Europe
Romania currently produces about 10.5 billion cubic metres of gas each year.
Read More »Vague Brexit Deal Could Damage UK Oil and Gas Industry
Earlier this week. the draft Brexit divorce deal from the EU was published.
Read More »Saudi-Russian Oil Price Plan in Jeopardy
Saudi Arabia’s in a more precarious position for this upcoming OPEC meeting.
Read More »Global Energy Demand will Grow by over 25% by 2040
Energy needs in Central and South America will grow less rapidly than other developing economies.
Read More »Oil Producers Need to Cooperate. Even Without OPEC
OPEC in recent months has been wracked with internal disputes.
Read More »Saudi Arabia Plans to Reduce Oil Supply
Russian participation was key to helping OPEC rebalance the market during 2017-18.
Read More »Russia. Germany Criticize US Re-Imposition of Sanctions on Iran
The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.
Read More »Iran will Continue to Sell Its Oil amid US Sanctions
Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.
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