Russia has criticized US sanctions.
Read More »Iraq`s Exports. Production not Affected by Halting Nassiriya Oilfield
Iraq will use additional output from southern oilfields in Basra to make up for the missing shipments from Nassirya field.
Read More »OPEC+ Deal Contributed Over $100Bln to Russian Budget over Past 3 Years
The OPEC+ decision to increase the reduction of oil output in the first quarter of 2020 was not linked to the Saudi Aramco IPO.
Read More »Abe. Li Agree on Need to Open New Era for Japan. China
Japanese Prime Minister Shinzo Abe and Chinese Premier Li Keqiang agreed Wednesday on the need to create a new era for the two countries as they step up preparations for Chinese President Xi Jinping'.s state visit to Japan next spring.
Read More »Germany Keeps Its Cool over U.S. Sanctions on Nord Stream 2
With around 160 kilometers left. the pipeline is designed to transport natural gas from Russia to Germany through the Baltic Sea.
Read More »Saudi Arabia. Kuwait Sign Deal to Resume Joint Oil Output
The deal could take as much as a year to bring the field back to full capacity.
Read More »Norway and Russia will Invest in Oil and Gas Project in Siberia
Norwegian state oil company Equinor and Russia'.s Rosneft will invest in the first stage of the development of North Komsomolskoy.
Read More »OPEC’s Rebel Makes Gesture of Atonement Ahead of New Oil Cuts
Iraq has been one of the weakest links since the OPEC+ alliance began in late 2016.
Read More »Saudi Arabia and Kuwait Close to Neutral Zone Oil Deal
The zone was formally partitioned between Saudi Arabia and Kuwait in 1970.
Read More »Fastest Growing Energy Market By 2030
India aims to move to a gas-based economy and looks to invest around US$100 billion in energy infrastructure. including renewables.
Read More »