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.
Read More »Erdogan Warns Oil Companies against Drilling Near Cyprus
ExxonMobil. ENI and Total have all said they are committed to energy drilling near Cyprus.
Read More »Iran Has No Concerns over Reimposition of New U.S. Sanctions
America will not be able to carry out any measure against Iran'.s great and brave nation.
Read More »Iran Seeks European Assurances as U.S. Oil Sanctions Loom
Washington will reapply far-reaching sanctions on Iran’s petroleum and banking sectors starting on Monday.
Read More »Iran Sanctions could Bring Biggest Oil Disruption in Years
In Asia. America’s closest allies Japan and South Korea have followed suit for now.
Read More »OPEC. Indispensable Organ of Stability in Oil Market
There are ongoing transformations at the level of OPEC’s member countries.
Read More »Turkey and Azerbaijan Strengthen Energy Cooperation
The new refinery will supply 4.8 million tons per year of diesel.
Read More »Europe`s Economy could Suffer from Iran Sanctions
Iran’s exports of crude oil and condensate peaked in June at about 2.7 million bpd.
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