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The last time Iran was the subject of sanctions. Japan curbed its imports of Iranian crude.
Read More »Japanese Refiners Stop Buying Iran Crude ahead of Sanctions
Falih: I do not Influence Oil Prices
The OPEC monopoly must get prices down now!`` Trump wrote on Twitter.
Read More »Novak. Khalid Falih Holding Talks in Algeria
OPEC and non-OPEC countries had agreed to review current oil production as a countermeasure to the lack of Iranian oil caused by the US sanctions.
Read More »Iran Letter Reaffirms OPEC Divisions before Meeting
Iran argues one member has no right to steal the quota of another.
Read More »OPEC+ Comply with Vienna Agreement in August Achieving 129%
Compliance with supply cuts was 109% in July.
Read More »Russia`s Surgutneftegaz Seeks Dollar Alternative amid US Sanctions Threat
Russia has been subject to Western sanctions since its 2014 annexation of Ukraine´s Crimea region.
Read More »Washington can`t Replace Russian Gas with American LNG
The current market conditions are not favorable for the US.
Read More »OPEC. Non-OPEC Panel Unlikely to Recommend Further Oil Output Hike
The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June.
Read More »Novatek Discovers Hydrocarbons in Utrenneye Field in Siberia
The Arctic LNG 2 project is expected to utilize the 7 billion plus boe of hydrocarbons resources in the Utrenneye field.
Read More »World’s First LNG-Fueled Bulk Carriers Cross Northern Sea Route
The two vessels have been designed in Finland. and European equipment suppliers account for roughly 60 percent of all vessel systems.
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