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Germany and the United States on Wednesday announced a deal to allow the completion of Nord Stream 2 (NS2) to Europe without the imposition of further American sanctions. The agreement on Nord Stream 2, announced that Germany and the US commit to countering any future Russian attempt to use the …

Two natural gas grid operators have announced plans to build a 475km hydrogen gas transport network in eastern Germany. Leipzig-based Ontras Gastransport and Kassel-based Gascade will develop the system as part of a hydrogen hub in the region, which is to be developed from 2026. Two thirds of the total …

Due to the coronavirus restrictions and lockdowns, global consumption of petroleum and other liquid fuels crashed by 9 percent to 92.2 million barrels per day (bpd) in 2020, the U.S. Energy Information Administration (EIA) said on Friday, nothing this was the largest drop in EIA’s series dating back to 1980. …

It will install fast and flexible charging technology for 34 electric buses for Go Bus in Christchurch and Auckland.

The wind farm once finished, could power more than 1.2 million homes with green energy.

US cannot cite to 2015 nuclear deal, known as Joint Comprehensive Plan of Action (JCPOA), with relation to Iran’s measures and activities taken in this regard.

Oil is now a buyer’s market and China is the world’s largest purchaser of crude. As prices have plunged to multi-decade lows, the country may be reaping geopolitical advantages, if not economic benefits. China relies on imports for more than 70 per cent of domestic consumption. However, some commentators have …

A few weeks before the summer driving season begins, U.S. gasoline consumption has plummeted to levels last seen in the late 1960s, due to the lockdowns to contain the spreading of the coronavirus. With demand for motor fuel plunging, refiners are cutting crude processing, and crude oil storage capacity in …

During the first 15 days of the new Iranian calendar year which began on March 21, the National Iranian Drilling Company (NIDC) has drilled six oil and gas wells.

Rosneft has the right to expect that the US will fulfill its promises and lift the sanctions against Rosneft’s subsidiaries after the sale of all assets in Venezuela, said Rosneft’s spokesman Mikhail Leontiev as quoted by the news outlet Prime. Earlier, Rosneft announced that it is terminating all its operations …