As Saudi Arabia raised its production. the number of rigs drilling for oil in the US fell by 80%.
Read More »China Eyes Russia LNG amid Trade Tension
China'.s imports of LNG from the US have also grown very fast recently.
Read More »Oil Stable after G20 Warns of Risks to Growth
U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.
Read More »Saudi Arabia`s Problem to Sell Extra Oil After Deal With US
Saudi Arabia and several other members of OPEC have increased exports sharply ahead of sanctions on Iran.
Read More »MAPNA Ready to Replace Total in South Pars Project
CNPC has now a 30 percent stake. while Iranian company PetroPars holds the remaining 19.9 percent.
Read More »President: US Should Know War with Iran Is Mother of All Wars
The Iranian president has warned the United States. stating that peace with Iran would be crucial for Washington'.s policies.
Read More »India Must Resist US Pressure. Buy Oil from Iran
Efforts now need to be made on devising a financial mechanism to overcome the US sanctions.
Read More »New US Proposal to Sanction Nord Stream 2 is Unreasonable
Nord Stream 2 project envisages two pipelines that will be routed via the Baltic Sea.
Read More »It`s Clear who is Right and Wrong in Trade Row between U.S. and China
The United States is expected to become the world’s third biggest LNG exporter by capacity in 2019.
Read More »Iran Sanctions may Push India Closer to US Oil
The upcoming sanctions on Iran provide a golden opportunity to commercialise more US oil in the Indian market.
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