The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.
Read More »Gazprom will Increase Gas Deliveries to Austria
Deliveries to Austria will be increased by 1 billion cubic metres per year.
Read More »Iran will Continue to Sell Its Oil amid US Sanctions
Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.
Read More »Syria Re-Launched Gas Field
Due to the crisis that began in 2011. the field. with gas reserves of about 4 billion cubic meters. was closed.
Read More »China`s Sinopec. CNPC Accelerate Oil. Gas Drilling to Rise Output
The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.
Read More »UAE Increase Oil and Gas Production as Iran Sanctions Hit
Saudi Arabia is the only producer with significant spare capacity of around two million bpd.
Read More »GM wants Trump administration to back national electric vehicle program
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.
Read More »Phase Two Development of Libya’s Bahr Essalam Gas Field to Finish by End 2018
The field is operated by Mellitah Oil and Gas. a joint venture between the NOC and Eni.
Read More »Oil Traders Expect Lower Prices
Vitol has now revised down its oil demand growth forecast for next year to 1.3 million bpd.
Read More »Oil Rally Faces Tidal Wave of Supply
The oil market ran higher in anticipation of this week’s formal re-imposition of sanctions against Iran by the United States.
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