The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.
Read More »For First Time since October 2015. China`s Crude Production Inches Up
Chinese state majors increased production because of the rising oil prices.
Read More »Turkish firms will Attend to Iraqi Tender Worth $1B
Trade between Turkey and Iraq has been interrupted many times due to problems in Northern Iraq with the Kurdistan Regional Government (KRG).
Read More »Hyperloop: The revolutionary technology that could change transport forever
It'.s a form of transportation uses magnetic levitation to float vehicles above a track.
Read More »EU`s Big Powers Seeks to Bypass US Sanctions on Iran
EU needs ``a financially independent sovereign channel`` in order to keep the Iran deal alive.
Read More »EU will have to Bend to U.S. Sanctions against Iran
The U.S.’s international financial clout means EU efforts to get around sanctions are doomed to fail.
Read More »Iran Starts Storing Oil in Supertankers
Buyers who defy the US sanctions risk having their banks frozen out of the American financial system.
Read More »Egypt will Exploit New Gas Field from Next October
The new area comprises two deep-water wells. which belong to a concession of the U.S. oil company Shell.
Read More »Rosneft Allows CNPC to Buy Siberia Project Stakes
This agreement concerns large oil and gas projects in eastern and western Siberia.
Read More »Oil Reached USD 80. the Highest since May This Year
Oil traders are looking at the evolution of the category 4 Hurricane Florence. which is expected to make landfall in the USA coast by Friday.
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