North Korea relies on imported fuel to keep its struggling economy functioning.
Read More »Iraq Puts Plans for a New Oil Company
Lawmakers passed a new law in March to establish the new national oil company.
Read More »Iraq Fails to Convince Iran to Resume Power Imports
Iraq has been importing electricity from Iran for many years after their power infrastructure was destroyed by decades of war and blockade.
Read More »Putin: Nord Stream 2 will not Influence Ukraine
Russia'.s leading energy enterprise Gazprom and its partners intend to start implementing the Nord Stream-2 project worth almost 10 billion euros in April 2018.
Read More »Venezuela Evaluates Plans to Raise Oil Production
Anticorruption probes advanced by the Public Ministry caused that 90 executives of Pdvsa were arrested over the last 11 months.
Read More »Kurds in Syria Share Oil with Government as Part of a Deal
Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.
Read More »China May Boost Iranian Oil Purchases
This week. Iran filed a lawsuit against the US in the International Court of Justice over the re-imposition of US sanctions
Read More »Tajikistan Increases Consumption of Uzbek Gas
In the second quarter of this year. the volume of natural gas imports from Uzbekistan was 3.5 million cubic meters.
Read More »Gas Supplies to Europe to Grow by 10-15% in Next 5-10 Years
The Ukrainian gas transportation system will be loaded in the next 5-10 years.
Read More »Venezuela Discuss It Plans to Raise Oil Production
Venezuela’s crude oil production dropped in June by 47.500 bpd from May. to average 1.340 million bpd last month.
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