Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.
Read More »Iran Says Oil Exports to India Are Not Dropping
Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.
Read More »Gazprom is Ready to Build Nord Stream 3 Pipeline
Nord Stream 2 gas pipeline that would link Russia and Germany while bypassing other transit countries is being built under the Baltic Sea.
Read More »Water Crisis in Iran
The water crisis is already seriously affecting living conditions as well as resources and agriculture.
Read More »India Create Network with Asia`s Oil Buyers
All the four major Asian economies should come together and India will try to create a network for that within the four countries.
Read More »BP Names Oil Industry Veteran Helge Lund as Chairman
Norwegian previously ran Statoil and BG Group.
Read More »Oil Hits $75 a barrel as Trump Labels Iran Nuclear Deal `Insane`
A rise in geopolitical tensions has been the main driver of prices in recent times.
Read More »End of Gas Transit via Ukraine to have ‘Geopolitical Consequences’
Gazprom is ready to hold negotiations with Naftogaz of Ukraine on gas transit after the expiration of the current contract.
Read More »Russia is Ready to Provide Europe with as much Gas as It Needs
Russia has been implementing the Nord Stream 2 project. which intends to double the existing capacity of the Nord Stream pipeline from Russia to Germany.
Read More »Kuwait Energy Starts Producing Natural Gas from Field in Southern Iraq
Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.
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