Tag Archives: International News Agency

TurkStream’s first line is intended for the Turkish market and the second is meant to supply gas to southern and southeastern European countries.

The U.S. has been rapidly cutting into its own net import dependence on crude.

The JV will help increase the cybersecurity protections available to the Saudi oil major besides its suppliers.

South Korea’s crude oil imports from January to November inched up 0.6 percent from the year before to 131.23 million tonnes.

Akkuyu is set for construction by Russia in the Turkish southern province of Mersin.

The current contract for the transit of Russian gas to Europe through Ukraine expires in late 2019.

The UAE pumped 3.175 million bpd in October and boosted further its output in November by 71.000 bpd to 3.246 million bpd.

Baker Hughes reported a 4-rig decrease for oil and gas in the United States this week—a loss in rigs for the third week in a row.

OPEC expects global oil demand to slow next year and sees little support from the economic backdrop.

Washington had been pushing governments to cut imports of Iranian oil to zero.