Japanese refiner Fuji Oil is set to resume Iranian crude purchases after Japan received one of those waivers.
Read More »Novak: TurkStream Landmark Project for Turkey. Russia
TurkStream is a transit-free gas export pipeline that will stretch across the Black Sea from Russia to Turkey.
Read More »Egypt Tends to Become Major Energy Exporter
Egypt is investing in a processing plant on the Red Sea that could produce some four million tonnes of petro-products a year.
Read More »Libya Sees Exemption from Future OPEC Cuts
OPEC and its allies are considering cutting oil output in 2019 as the group is increasingly concerned about the potential for oversupply.
Read More »Erdogan. Putin Key Gas Partnership
Russian energy giant Gazprom is scheduled to begin construction in 2019 of the second section of the pipeline.
Read More »Russian Energy Minister Plans to Sign OPEC Partnership Deal
Russian Energy Minister Plans to Sign OPEC Partnership Deal.
Read More »OPEC Secretary General: There is Sustainable Market Stability
The assurance on sustainable stability was necessary in the wake of emerging uncertainties in world energy demand.
Read More »Turkey Warns ExxonMobil against Cooperating with Cyprus
Turkey plans to begin drilling in areas off the northern coast of Cyprus'. coast.
Read More »Cutting Saudi`s Oil Exports to U.S. will Boost Crude Prices
Reduced Saudi oil imports tend to reflect in lower weekly U.S. inventories.
Read More »Romania. Russia`s New Challenger in Eastern Europe
Romania currently produces about 10.5 billion cubic metres of gas each year.
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