Tag Archives: International News Agency

Iran currently provides Iraq with more than a fourth of the electricity it needs.

The big three oil producers in China were expected to spend $77 billion on oil developments this year.

In 2018. gas production in Russia increased by 4.9$ compared to the previous year and reached 725 billion cubic meters.

The Power of Siberia is the pillar of the entire gas transportation system.

Top oil producers agreed at last week’s meeting in Vienna to extend cutbacks to 1.7 million barrels a day.

US sanctions against the Nord Stream 2 natural gas pipeline from Russia to Germany have reportedly been included in a must-pass defense bill.

At the Vienna meeting. OPEC+ agreed to reduce its output target by 500.000 barrels a day in the first quarter.

The pipeline plan is the biggest energy ‘reform’ in China since 1998.

Asia'.s fourth biggest oil consumer imported 112.55 million barrels from the North American producer over January-October.

Saudi Arabia will continue a voluntary reduction of 400.000 barrels a day below its official target.