Tag Archives: International News Agency

This will be the sixth waiver the US has issued for Iraq since US sanctions on Iran energy exports snapped back in November 2018.

Iran has been gradually stepping back from its commitments to the nuclear deal.

The slowdown in China’s industrial activity is causing the worst shock to oil demand in over a decade.

Beijing has improved its crisis management since the 2003 SARS virus.

Three of the world’s largest oil traders are seeking to store crude on tankers at sea as the industry tries to deal with a glut that’s emerged since the outbreak of the coronavirus in China.

Iraq’s proven oil reserves stand at over 145 billion barrels. while gas reserves exceed 3.7 trillion cubic meters.

Oil is off more than 20% from peaks struck in January after a spreading virus hit demand in the world’s largest oil importer and fueled concerns of excess supplies.

The coronavirus epidemic has a negative impact on economic activities.

The gas pipeline will enable the Russian Federation to optimize gas supplies.

Nahr Bin Omar oil field is considered one of the most controversial fields because of the pollution and gas emissions.