Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.
Read More »EU`s Big Powers Seeks to Bypass US Sanctions on Iran
EU needs ``a financially independent sovereign channel`` in order to keep the Iran deal alive.
Read More »EU will have to Bend to U.S. Sanctions against Iran
The U.S.’s international financial clout means EU efforts to get around sanctions are doomed to fail.
Read More »Rosneft Allows CNPC to Buy Siberia Project Stakes
This agreement concerns large oil and gas projects in eastern and western Siberia.
Read More »Gazprom. Mitsui Sign MoU on Baltic LNG Plant
Baltic LNG plant is reportedly expected to fulfill the demands of the European and Latin American markets.
Read More »Big Oil should Double Costs to Reach Climate Goals
The largest European oil companies spend about 5 percent of their capital expenditure budgets on ``new energies``.
Read More »Russia Closer to Deal on New Gas Route to China
Russian President Vladimir Putin met his Chinese counterpart. Xi Jinping. on Tuesday in Vladivostok.
Read More »Fragile Oil Market Due to Geopolitics
Russia could raise output by 300.000 bpd.
Read More »Europe. A Valued Partner for Qatar Oil and Gas Sector
Qatar has key role in the security of energy supplies for Europe and international markets.
Read More »US Hurricane and Iran Fallout Rise Global Oil Price
Petrol futures jumped as much as 2.2%. to $2.0021 a gallon. on the New York Mercantile Exchange.
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