The move marks a reversal for these companies - which did not join the Oil and Gas Climate Initiatives (OGCI) when it was set up in 2014.
Read More »Trump Intensifies Saudi. OPEC Criticism to Little Effect
On Saturday. Trump spoke with Salman about ".efforts to maintain supplies to ensure the stability of the oil market.
Read More »New US Sanctions on Iran will Seriously Affect Oil Prices
The US withdrawal from the JCPOA damaged the balance in the JCPOA.
Read More »Iran Says Oil Deal with Europe is Close despite U.S. Sanctions
The Islamic Republic is close to a deal with Europe over oil sales.
Read More »Saudi Arabia Plans 10% Increase in Spending to Spur Economic Growth
Despite efforts to expand the economy. growth will remain under 2.5 percent during the next three years.
Read More »Erdogan. Merkel Confront Trump to Choose Gas Supplier
American LNG is facing strong competition from Russian pipeline gas.
Read More »Rouhani: US Sanctions are Economic War
Iranians has endured sanctions before and ".can overcome this difficult phase as well.".
Read More »Trump Fuels SPR Oil Sale Speculation
SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.
Read More »EU. Iran to Create Special Mechanism to Continue Trade
The United States began reimposing economic sanctions this summer.
Read More »US Shale. Next Casualty in China Trade Dispute
LNG prices in Asia are likely to remain largely unaffected for now.
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