The US is now pumping an unprecedented 11.6 million barrel per day (bpd) of oil.
Read More »Iraq to Pay for Imported Iranian Gas in Euros
Iran began gas exports to Baghdad in June 2017.
Read More »EU`s Nord Stream 2 Natural Gas Link Rules still Stuck in Technical Talks
OMV is a financial investor in the 55 Bcm year Nord Stream 2 project.
Read More »Google to invest data center and green energy in Denmark
Alphabet Inc’s Google will invest 4.5 billion Danish crowns ($690 mln) in building a new data center in Fredericia. Denmark. its Danish business said on Tuesday.
Read More »Oil Prices Rise amid Expected OPEC Cut
Japanese refiner Fuji Oil is set to resume Iranian crude purchases after Japan received one of those waivers.
Read More »Novak: TurkStream Landmark Project for Turkey. Russia
TurkStream is a transit-free gas export pipeline that will stretch across the Black Sea from Russia to Turkey.
Read More »Egypt Tends to Become Major Energy Exporter
Egypt is investing in a processing plant on the Red Sea that could produce some four million tonnes of petro-products a year.
Read More »Libya Sees Exemption from Future OPEC Cuts
OPEC and its allies are considering cutting oil output in 2019 as the group is increasingly concerned about the potential for oversupply.
Read More »Russian Energy Minister Plans to Sign OPEC Partnership Deal
Russian Energy Minister Plans to Sign OPEC Partnership Deal.
Read More »OPEC Secretary General: There is Sustainable Market Stability
The assurance on sustainable stability was necessary in the wake of emerging uncertainties in world energy demand.
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