Expanding gas export via pipelines is not on the agenda for now but export of liquefied natural gas should be a distinct priority.
Read More »US Extends Iraq Sanctions Waiver for Iranian Gas. Power Imports
The waiver ensures that Iraq is able to meet its short-term energy needs while it takes steps to reduce its dependence on Iranian energy imports.
Read More »Iran Energy Exchange Deals Top $500 Million
The figures indicate a two-and-a-half-fold increase in trade volume and a threefold rise in value.
Read More »Venezuela Ready to Hand Control of PDVSA to Russia’s Rosneft
Rosneft is one of the major investors in Venezuela. implementing several projects on oil exploration and development with Venezuela’s PDVSA.
Read More »Russia Reduces Crude Output within OPEC+ Deal
Russia and OPEC+ nations agreed to extend crude output reduction starting July.
Read More »EU’s Lending Arm Delays Vote on Limiting Fossil-Fuel Financing
The European Investment Bank stopped short of agreeing a strategy to limit funding for fossil fuels. a plan that would help step up Europe’s ambition to fight climate change.
Read More »Oil Short-Selling More Than Doubles Despite Mideast Risks
Oil short-selling has more than doubled in three weeks. with attacks on oil facilities and tankers unable to push prices higher for very long.
Read More »OPEC. Allies to Sustain Oil Market Stability beyond 2020
Compliance with production quotas among OPEC and its allies is at 136%.
Read More »Shipping Costs Soar as LNG Vessels Drop Out of Service
The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the most since at least 2013.
Read More »Russia`s De-Dollarization Efforts for Oil & Gas Sales
US sanctions now routinely delay Western companies'. business with Russia.
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