The United States this month imposed sanctions curtailing Iran'.s oil exports.
Read More »China Surpasses Japan as World’s Top Natural Gas Importer
China is raising its domestic natural gas production.
Read More »Saudis Study Potential OPEC Collapse
Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.
Read More »TurkStream will be Operational by End of 2019
Natural gas transmission will take around 52 hours from Russia'.s Anapa to the destination in Turkey.
Read More »South Korea will Restart Iran Oil Imports At 4M Barrels Per Month
South Korea is the world’s fifth-largest crude oil importer.
Read More »Ankara won’t Obey Renewed US Sanctions on Iran
it is not easy for countries like Turkey and Japan to diversify energy supplies.
Read More »Syria Re-Launched Gas Field
Due to the crisis that began in 2011. the field. with gas reserves of about 4 billion cubic meters. was closed.
Read More »South Korea Gets US Exemption on Iran Crude Oil Imports
South Korea has been granted a waiver from US sanctions on Iranian oil.
Read More »China`s Sinopec. CNPC Accelerate Oil. Gas Drilling to Rise Output
The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.
Read More »UAE Increase Oil and Gas Production as Iran Sanctions Hit
Saudi Arabia is the only producer with significant spare capacity of around two million bpd.
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