Iraq exported 3.543 million bpd of crude oil in July.
Read More »Qatar Supports Turkish Lira
Turkey offered its support to Qatar when a Saudi-led embargo isolated Doha in the spring of 2017.
Read More »German Telecom Firm Curb Iran Projects amid US Sanctions
The European Union had earlier vowed resist US sanctions on Tehran.
Read More »China Avoids US Oil Imports. Turns to Middle East
Not a single tanker has loaded crude oil from the United States bound for China since the start of August.
Read More »Greek Oil Tankers may be Affected by US Sanctions on Iran Oil
The Iranian Oil Ministry called the US efforts to cut Iran oil exports a futile attempt.
Read More »PDVSA will Start Using ‘El Petro’ Next Week
The cryptocurrency was launched in February this year despite opposition from parliament.
Read More »Venezuela Gas Prices will Rise to Global Levels
Venezuela. like most oil producing countries. has for decades subsidized fuel as a benefit to consumers.
Read More »TANAP will Strengthen Turkey`s Energy Security
TANAP will account for 10 percent of all gas imports to Turkey. which is important in terms of diversifying supplies.
Read More »EU Invests €100m in Bonds to Support German-Norway Power Interconnector
Once completed. Nordlink will have a total capacity of 1.4GW.
Read More »Offshore Discoveries in the Mediterranean to Increase Egypt’s Gas Output
Natural gas production in Egypt has declined largely as a result of relatively low investment.
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