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CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.
Read More »Total Officially Quits Iran’s South Pars Project
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 »Japan Increase U.S. LPG Purchases due to Sino-U.S. Trade Conflict
The U.S. has become increasingly price competitive.
Read More »US Could Introduce Sanctions Against Nord Stream 2 Operators
The gas pipeline project is currently on the agenda of the talks between Russian President Vladimir Putin and German Chancellor Angela Merkel.
Read More »No OPEC Member can Take over Iran`s Share of Oil Exports
Iran is the third-largest oil producer in the Organization of the Petroleum Exporting Countries after Saudi Arabia and Iraq.
Read More »Iran Oil Production Cut Hard to be Offset
Oil sanction is part of Trump'.s plan to pressure Iran to give more concessions than what were agreed upon in the JCPOA.
Read More »Saudi Arabia Cut Production. Oil Prices Rise
The OPEC remains positive on the overall oil demand.
Read More »Merkel and Putin to Hold Meeting on Baltic Sea Gas Pipeline
At last month’s NATO summit in Brussels. President Trump caused a stir by claiming Germany was a ``captive of Russia.``
Read More »Trump-Erdogan Quarrel. Iran Sanctions. Maduro’s Venezuela could Rise Oil Prices
China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.
Read More »Nord Stream 2 Will Bypass Danish Waters
US President Donald Trump last month accused Germany of being a ``captive`` of Russia.
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