Tag Archives: International

Russian oil output peaked during the Soviet era. averaging 11.416 million bpd in 1987. according to BP data.

The US sanctions were re-imposed on Tehran following the withdrawal of the United States from the Iran nuclear deal in May.

Fuel prices jumped 7% in the first half alone. more than double the overall rate of price increases.

Washington will reapply far-reaching sanctions on Iran’s petroleum and banking sectors starting on Monday.

The Russian energy ministry told the FT that the trade would continue next week.

Drilling for oil and gas in Canada will likely decline by 5 percent in 2019.

In Asia. America’s closest allies Japan and South Korea have followed suit for now.

The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.

The investments required to build the complex will be shared equally by both companies.

Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).