Earlier this year. the US unveiled sanctions aimed at the illegal trade of petroleum products. coal and other goods with North Korea.
Read More »US to Offer 11 Million Barrels of Oil as Sanctions on Iran Crude Starts
Timing may reflect the White House’s concern over a tight oil market.
Read More »Trump Administration Accepts Energy Dominance Agenda
As of 2017. the EIA has calculated daily oil consumption in the country averaged 19.88 million barrels.
Read More »Political Attacks could not Influence Nord Stream 2 Gas Pipeline
The project has seen strong opposition from the European Commission as increasing EU'.s dependence on Russian gas and undermining Ukrainian transit.
Read More »Turkey`s Crude Imports from Iran Decrease in June
Turkey imports 10 billion cubic meters of gas from Iran.
Read More »Germany will not Abandon Energy Projects with Russia because of the US Position
In early July. US President Donald Trump announced that the Nord Stream-2 gas pipeline would make Germany ``hostage`` to Russia.
Read More »Europe should Act as U.S. Threats to Reimpose Oil Sanctions
The second round of embargo will be reimposed in early November with the aim of curtailing Iran'.s oil exports and shipping sectors.
Read More »Poland Opposes Russia`s Planned Gas Pipeline
Poland buys most of the gas it consumes from Russia but has taken steps to reduce that reliance.
Read More »Total Officially Quits Iran’s South Pars Project
CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.
Read More »Iran Looking for Options on Oil Sales amid US Sanctions
President Trump earlier this year announced the U.S. is re-imposing sanctions on Iran that will include Iranian oil sales.
Read More »