The US has told all countries. including India and China. to stop their oil imports from Iran by November 4 or face sanctions.
Read More »India OMCs. OVL’s Farzad-B to take hit
The sanctions are to be operational in November sans any exemptions.
Read More »Oil may Surpass $90pb if Iran`s Crude Exports Disrupt
US President Donald Trump sustained attempt to disrupt Iran’s oil exports would push crude prices above $90 per barrel.
Read More »Eni will Begin Gas Exploration at Egypt Noor Field in Two Months
Egypt’s cabinet approved the $105 million deal to explore the North Sinai region of the Mediterranean Sea in March.
Read More »Iran Says U.S. Efforts to Ban Iranian Oil as is Unsuccessful
Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.
Read More »BP to buy UK-Based Electric Vehicle Charging Company
In February. BP said it expects autonomous electric vehicles to become available in the early 2020s and forecast a 100-fold growth in electric vehicles by 2040.
Read More »Oil prices Decline. Market Tight on Disruptions. Record Demand
Analysts warn that the market has little spare capacity to deal with further disruptions.
Read More »Germans have Little Faith in the USA as a Supply Partner
The Germans consider Norway (71%). Canada (52%) and Russia (49%) to be the most reliable energy partners.
Read More »Qatar Petroleum Looks to Invest $20bn in US Oil and Gas Fields
The state-owned company is looking at both shale and conventional resources in the US.
Read More »BASF`s Wintershall Defends Russia Gas Partnership
Wintershall is a member of the Nord Stream 2 consortium.
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