The surge in U.S. output has been offset by deep supply cuts for over a year by OPEC and other producers including Russia.
Read More »Putin Seeks Common Cause with Merkel over Trump
The volume of transit would have to be ".commercially viable". for Ukraine.
Read More »S. Korea to Increase Incentives for Wind Farms
South Korea has been seeking to shift its focus from coal and nuclear energy to renewable energy to cope with worsening air pollution .
Read More »Saudi Arabia. UAE. Russia to Discuss Oil Supplies Following US Withdrawal from JCPOA
St. Petersburg International Economic Forum will be held on May 24-26. 2018.
Read More »Europe has Nothing to Fear from Increased Russian Gas Market Share
The rising Russian share of the European gas market should not be a cause of concern for Europe.
Read More »UAE Energy Minister Plays Down Impact of US Withdrawal from Iran Deal on OPEC
The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.
Read More »India has Saudi Assurances on supply as Oil Hits $80 per barrel
OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.
Read More »Ukraine should not be Afraid of Nord Stream 2
The Nord Stream-2 project involves the construction of two lines with a total capacity of 55 billion cubic meters of gas per year.
Read More »US Sanctions on Iran to Have No Effect on Russia-Iran Deals
On May 8. US President Donald Trump announced that his country would exit the 2015 nuclear deal.
Read More »India`s April oil imports from Iran highest since Oct 2016
Overall. India imported 4.51 million bpd in April. 2.5 percent higher than a year ago.
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