U.S. LNG could derail the advent of the hydrogen economy in the UK.
Read More »Rosneft Testing Oil Production Increase Ahead of OPEC Talks
Russia and Saudi Arabia have signaled easing of supply cuts.
Read More »Global Electric Car Sales up over 50 Percent in 2017
The EU has committed to cutting 40 percent of its greenhouse gas emissions from 1990 levels.
Read More »OPEC May Oil Output Hits New Low on Nigeria. Venezuela
OPEC oil output fell to a 13-month low in May.
Read More »Russia has Potential for Increasing Oil Output within Months
Russian Energy Minister Alexander Novak said that returning to oil production levels of October 2016 is one of the options for the future of the OPEC+ deal.
Read More »Russia is Ready to Maintain Gas Transit through Ukraine after Nord Stream-2 is Launched
Putin refused to estimate the gas volumes that can be simultaneously transported through the new gas pipeline and the Ukrainian gas transport system.
Read More »Pouyanne Says Possible to Return One Day to Iran
Total would have to withdraw from the project if it does not obtain specific waivers from the United States government to pursue the project.
Read More »Naftogaz Steps Up Efforts to Recover Gazprom Assets
The Ukrainian company is working in Switzerland. the Netherlands and Britain to acquire Gazprom assets in those states.
Read More »UAE Provided over 28% of Japan’s Crude Oil Needs in April
Saudi Arabia provided 38.933 million barrels. or 40.3% of the total. Meanwhile. oil from Kuwait came to 9.1%.
Read More »Iran Keeps Position as Top Crude Oil Exporter to Turkey
Crude oil and diesel imports held the biggest share of Turkey'.s total oil imports in 2017 at 25.8 million tons and 13.5 million tons. respectively.
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