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The United States began reimposing economic sanctions this summer.
Read More »EU. Iran to Create Special Mechanism to Continue Trade
Vitol will Stop Business with Iran after U.S. Sanctions Start
Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.
Read More »Gazprom Leaves First Place in Energy Company Rankings
Gazprom dropped to 17th after a year on top of the S&.P Global Platts table.
Read More »Schlumberger Launches New Zonal Isolation Technology
The CemFIT Shield system improves zonal isolation in long horizontal wells to ensure efficient hydraulic fracturing.
Read More »Saudis will Boost Crude Production in The Next Three Months
Saudi Arabia pledged in June to increase its crude oil production to help rein in prices.
Read More »Azerbaijan. Iran. Georgia Plan to Link Energy Systems
The second meeting of the working group is planned to be held in Moscow.
Read More »$80 Oil Supports Energy Infrastructure Investment
Shell is a major player in the U.S. Gulf of Mexico.
Read More »Germany Mulls Building LNG Plant
Trump pushed US LNG exports as crucial to increasing European energy security.
Read More »Oil Hits Four-Year Peak after OPEC+ Shows No Sign of Turning on the Taps
The United States will target Iran’s oil exports with sanctions from Nov. 4.
Read More »Iran: OPEC Meeting was Negative Response to Trump
The U.S. seeks to reduce Iranian oil exports to zero even for a month.
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