The U.S. will sell up to 12 MMbbl of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.
Read More »Virus Slows China`s Major Belt and Road Projects in Asia
China itself has imposed quarantines and travel curbs across the country to contain the epidemic.
Read More »Oil Prices Fall again
Oil prices are moving tangentially to news flows around the deluge of secondary cluster outbreaks.
Read More »Southern Gas Corridor Project Allows Azerbaijan to Diversify Its Gas Markets
Currently. Azerbaijan is the only source of gas for SGC.
Read More »Eni Targets Oil Output Peak in Clean Energy Drive
Eni is aiming to cut its greenhouse gas emissions by 80% by 2050 in absolute terms.
Read More »BP`s Net Carbon Goals Achievable
In 2018. BP invested over $10 billion to buy BHP Billiton'.s US shale business.
Read More »EU Sanctions Two Turkish Individuals over East Mediterranean Gas Drilling
Cyprus and Greece dispute Turkey’s claims in the region.
Read More »Gulf Economies to Suffer as Coronavirus Hurts Oil and Trade
Gulf economies will grow at a slower pace than estimated this year as the coronavirus hurts oil demand. trade and tourism. Standard Chartered PLC said.
Read More »Returning Sanctions Against Iran. Not a Solution
Returning sanctions imposed by US against the Islamic Republic of Iran is not a solution for solving problems. says Chinese Ambassador to the United Nations.
Read More »Iran’s Steel Output Up by Around 50%
A new international report shows that Iran’s steel output has increased by 46.7% in the past 12 months. indicating a stunning jump 20 times bigger than the world average growth of 2.1% in the same period.
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