Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.
Read More »Nigeria has Taken a Huge Leadership Role in OPEC
Nigeria has historically assumed a strong. proactive leadership role in OPEC.
Read More »Algeria to Raise Oil Output by August
OPEC and non-OPEC countries decided in late 2016 to cut output by 1.8 million barrels per day to boost oil prices.
Read More »Algeria Warns Saudi Arabia. Russia against Increasing Oil Output
Moscow and Riyadh recently announced their desire to pump more oil after a relative hike in prices.
Read More »Tesla to Produce Massive Battery System
The cost of battery storage continues to drop throughout the industry.
Read More »Nord Stream 2 is Russia’s Tool for Putting Pressure on EU
For Russia. gas is a mechanism of political impact and a source of huge corruption.
Read More »India Hunts for Gas
The South Asian giant consumes almost 22 million metric tonnes a year of liquefied natural gas.
Read More »US Accept Oil Prices May Rise When Iran Sanctions Kick In
According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.
Read More »Qatar Petroleum Looks to Invest $20bn in US Oil and Gas Fields
The state-owned company is looking at both shale and conventional resources in the US.
Read More »BASF`s Wintershall Defends Russia Gas Partnership
Wintershall is a member of the Nord Stream 2 consortium.
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