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Russia has for years been trying to build new gas pipelines that bypass Ukraine such as Nord Stream.
Read More »Ukraine Seized Gazprom Assets in the Netherlands
Iraqi Lawmakers Want Out Of OPEC Deal
Some new members-elect of Iraq’s parliament think that Iraq should be able to export as much crude oil as it wants.
Read More »PDVSA Considers Force Majeure on Oil Exports
Oil is the financial lifeline for the embattled socialist government of President Nicolas Maduro.
Read More »US Asked OPEC to Raise Oil Output Due to High Gasoline Prices
The U.S. request was discussed at the meeting of the relevant ministers of Saudi Arabia. the United Arab Emirates. Kuwait and Oman in Kuwait this Saturday.
Read More »Oil Prices Rise amid Venezuela Export Concerns
Falling production from Venezuela has contributed to a rally in global oil price Brent to nearly $80 a barrel.
Read More »Will Saudi Arabia Listen To U.S. Demands For More Oil?
OPEC officials in Kuwait just a few days ago tried to hash out a strategy ahead of the June 22 meeting.
Read More »Eni Says it has no Material Exposure to Iran
The United States has threatened to impose secondary sanctions on European companies doing business with Iran.
Read More »Lukoil and KazMunayGaz to Explore Zhenis Field in Caspian Sea
The Russian oil company discusses entering into a new project with KazMunayGas.
Read More »Qatar to Meet India’s Growing LNG Demand
India. one of the major importers of Qatari gas. is giving more focus on the use of natural gas.
Read More »Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
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