Novatek has now requested exemption from having to contract with a domestic shipyard.
Read More »Deal with OPEC Helps Russia Double Its National Wealth Fund
The group of 24 major oil producers. including Russia. has been trying to erase an oil glut.
Read More »US Imposes Sanctions on 15 Venezuelan Aircraft
Maduro has characterized the situation in the country as an attempted coup prompted by the United States.
Read More »Iran Ready to Coop. with Syria in Reconstruction of Educational Centers
Iran’s readiness to cooperate with Syria in rebuilding educational centers in the war-torn country.
Read More »Brook Green Supply Enters Into a Long-Term Wholesale Energy Supply Agreement with SCMI Limited
Richard Nicholls. Director and Head of Commercial at Brook Green Supply said that through this long-term partnership. SCMI will provide us the support required to scale our business and further develop our customer offering.
Read More »Libya on the Edge of a New Oil War
The Libyan situation is further complicated by recent developments in the East Mediterranean.
Read More »Middle East Share of India’s Oil Imports Falls to 4-Year-Low
India is working to diversify its oil supply sources to cut dependence on the Middle East.
Read More »China Finds Oil in Asia’s Deepest Onshore Well
The biggest energy producers in China are tapping more tight oil and gas wells.
Read More »UN Concerned With Closure of Oil Ports in Libya
Libya has been torn apart between the two rival administrations since 2011.
Read More »Geopolitical Tensions won`t Lead to Oil Market Shock
The oil market has been driven in recent years by a surge of non-OPEC production that has outstripped demand.
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