In May.Trump announced his country'.s decision to leave the Iran nuclear agreement and reimpose sanctions against Tehran.
Read More »China`s Big Stake in Venezuela Oil Industry
Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »Russia’s Oil Companies Big Gain amid Sanctions
In August. Russia pumped 11.21 million barrels of crude daily. almost the same as the July daily production rate.
Read More »India Outpaces China for Oil Import
Over the next seven year the government plans to build another 11 terminals which would raise India’s LNG import capacity.
Read More »India will not Completely Halt Iranian Oil Import
Trump has threatened that anyone trading with Iran will not do business with America.
Read More »US May Explore and Produce Natural Gas in Ukraine
The pipeline is expected to deliver 55 billion cubic meters of Russian natural gas per year to the European Union.
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 »Challenging Situation of Global Oil Supply
As oil sanctions against Iran take effect. maintaining global supply might be very challenging.
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