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Nord Stream 2 has come under fire from the United States and several eastern European.
Read More »Slight Changes to Nord Stream 2 Timings Possible
China Defends Iran`s Legitimate Rights
China is willing to cooperate with Iran to confront the intervention and exit from these conditions.
Read More »Russia’s Largest Petrochemical Project Declared Unprofitable
Rosneft has abandoned its plans to invest in the Eastern Petrochemical Complex (EPC) in the Far East.
Read More »Saudi will Supply an Extra 2 Million Barrels a Month to Indian Oil Corp from July
India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Oil Stocks still Building. but OPEC will Act If Needed
OPEC will not decide on output until late June when the group is due to meet.
Read More »OPEC+ Should Keep Oil Cuts. Even with Supply Risks Ahead
OECD oil inventories as of March stood 22.8 million barrels above the five-year average.
Read More »Exxon Mobil Evacuates Foreign Staff Out of Iraqi Oilfield
The evacuation has not affected production at the oilfield.
Read More »Austria Confident Country Will Be Able to Implement Nord Stream 2 Project
The completion of the Nord Stream 2 gas pipeline construction and the start of its operation can be delayed until the second half of 2020.
Read More »Exxon Mobil could Replace Russian Gas in Romanian Black Sea
Hungary is forced to import natural gas. 85 per cent of which is consumed by households.
Read More »Iraq has Alternative Plans for Any Stoppage of Iran Gas Imports
Iraq plans to build a refinery with a capacity of 150.000 bpd near the northern city of Mosul.
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