Russia intends to build a trans-Azeri pipeline to Iran. which will not only strengthen bilateral Russian-Iranian relations and their trilateral expansion with Azerbaijan.
Read More »Trump’s Approach Undermines Viability of Diplomacy
Trump'.s bellicose approach has blighted the prospects of engagement with Iranians to settle the issues of contention other than the nuclear matter.
Read More »Japan Oil Imports from Iran Increase
Iran was Japan'.s fifth oil supplier after Saudi Arabia. the UAE. Kuwait and Qatar. with a share of 6.8 percent in September 2017.
Read More »Saudi Arabia`s `Game of Thrones` and Big Implications for Oil
Saudi rulers likely also would like to keep oil prices stable ahead of the planned IPO of state oil company Saudi Aramco expected next year.
Read More »Turkmenistan to Join Delegates of OPEC+ Session in Vienna
Turkmenistan will observe in the next session on declaration on cooperation in Vienna on November 30.
Read More »IEA Welcomes Greece`s Progress with Energy Sector Reform
Greece'.s economy is decoupling economic growth from increases in CO2 emissions but at a slower rate than the average for IEA member countries.
Read More »OPEC’s Grand Planners are Already Thinking about $70 Oil
Moscow is worried about letting prices rise too far. even suggesting that $60 would be enough to justify ditching the output agreement.
Read More »Iraq Oil Exports Decline as Kurdish Row Cuts Output
Iraq sold 3.29mn bpd of crude from Basrah port in the south last month. down 2% from September. according to tanker tracking.
Read More »Russia. Saudi Arabia Ready for more Work to Cut Global Oil Inventory
There is a general satisfaction with the strategy of 24 countries that signed a declaration of cooperation.
Read More »India`s ONGC Seeking Oil Assets in Several Countries
Iran has modified its petroleum contract model. ending a decades old buy-back system that barred foreign firms from booking reserves or taking equity stakes.
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