it is not easy for countries like Turkey and Japan to diversify energy supplies.
Read More »Russia. Germany Criticize US Re-Imposition of Sanctions on Iran
The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.
Read More »Gazprom will Increase Gas Deliveries to Austria
Deliveries to Austria will be increased by 1 billion cubic metres per year.
Read More »Iran will Continue to Sell Its Oil amid US Sanctions
Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.
Read More »Syria Re-Launched Gas Field
Due to the crisis that began in 2011. the field. with gas reserves of about 4 billion cubic meters. was closed.
Read More »South Korea Gets US Exemption on Iran Crude Oil Imports
South Korea has been granted a waiver from US sanctions on Iranian oil.
Read More »China`s Sinopec. CNPC Accelerate Oil. Gas Drilling to Rise Output
The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.
Read More »UAE Increase Oil and Gas Production as Iran Sanctions Hit
Saudi Arabia is the only producer with significant spare capacity of around two million bpd.
Read More »Iraq`s Kurds Upgrade Oil Export Pipeline
The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.
Read More »Iran Sanctions will Threaten the Oil Market
Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.
Read More »