Iranian exports of crude oil and condensate have surged to levels near before sanctions. surprising market observers and affording the country an important victory in a US economic war on Tehran.
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The R&.D center will focus on the development of petrochemical products. materials. and energy efficiency.
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Libya is a significant supplier of oil to Europe. producing around 1.1 million barrels per day (bpd) of crude in March.
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China continues its effort to switch away from coal.
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The bank expects Russia'.s overall growth prospects for 2019-2021 to be modest given low growth potential.
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The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.
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All the signs are that US-China trade talks are progressing well.
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The blackouts suspended operations at Venezuela’s largest oil export terminal.
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Nord Stream 2 is a joint venture of Russian gas giant Gazprom and five European companies.
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Crude oil production in the U.S. rose by 100.000 barrels to 12.2 million barrels per day (bpd) for the week ending March 29.
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