Tag Archives: Government

Demand for oil will one day peak and Saudi Arabia needs to prepare for that day.

South Korea has been granted a waiver from US sanctions on Iranian oil.

The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.

The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.

GM says a nationwide program modeled on California’s effort could result in 7 million electric vehicles. or EVs. on U.S. roads by 2030.

The oil market ran higher in anticipation of this week’s formal re-imposition of sanctions against Iran by the United States.

It was the first government reshuffle in Qatar. the world’s top liquefied natural gas producer.

Fuel prices jumped 7% in the first half alone. more than double the overall rate of price increases.

In Asia. America’s closest allies Japan and South Korea have followed suit for now.

The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.