The Chinese tariffs are seen as retaliation to last month’s U.S. tariffs on imported steel and aluminum.
Read More »Iraq`s Government Announces Plan to Decrease Oil Dependency
Baghdad depends on the oil sector for more than 90 per cent of its revenue.
Read More »Russia Increases Supply of LNG to Japan
A plan of bilateral cooperation of eight points was proposed by Japanese Prime Minister Shinzo Abe during his visit to Russia in May 2016.
Read More »Turkish. Russian Presidents Take Part in Akkuyu NPP Foundation Laying
The Akkuyu nuclear power plant is the first BOO (build-own-operate) nuclear power plant project in the world.
Read More »Iraq Plans to Cooperate with Baker Hughes. GE
It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.
Read More »Saudi Arabia to Cut May Crude Prices to Asia
State oil giant Saudi Aramco sets its crude prices based on recommendations from customers.
Read More »China Hints at Early ‘Petro-Yuan’
The Chinese plans to pay in yuan for oil are at early stages.
Read More »Pipeline for Peace
Back in 2008. Russia and South Korea signed a preliminary agreement on the delivery of Russian gas.
Read More »First Phase of TANAP’s Construction 99% Complete
TANAP project envisages transportation of gas from Azerbaijan'.s Shah Deniz field to the western borders of Turkey.
Read More »The US Can Breathe Easy on Russia-OPEC Deal
Moscow and Riyadh must first resolve those substantive issues before they can hammer out an oil deal that truly matters.
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