Iran and Armenia'.s power grids are linked by two electricity lines and a third is under construction.
Read More »IEA Chief Sees Oil Markets Tightening toward Second Half of 2018
The global oil market could tighten towards the second half of 2018 if demand remains robust.
Read More »Iran. Armenia Discuss Oil. Gas Cooperation
Iran and Armenia have increased efforts to promote their mutual cooperation.
Read More »Venezuela Could Lose A Lot More Oil Production
Venezuela is ordering its embassies around the world to renegotiate rents at their diplomatic missions.
Read More »Statoil to Drill 5-6 Wells in Arctic Barents Sea in 2018
Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018.
Read More »2 Gulf Oil Ministers Mum on Issue of Oil Production Cuts
Both OPEC and non-OPEC members are expected to continue the cuts into 2018 to help keep prices rallying.
Read More »OPEC’s Most Unpredictable Member
In just one month. Iraq turned from cheater to complainer. after clashes in Kurdistan added some geopolitical risk premium to oil prices.
Read More »Wintershall and LetterOne in Talks for $12B Oil. Gas Merger
Talks between Wintershall and Fridman’s DEA Group are at an advanced stage.
Read More »Venezuela`s Maduro Appoints New Oil Minister in Fresh Era for PDVSA
Maduro affirmed that the year 2018 will be a break from the oil model towards other economic sectors.
Read More »U.S. Energy to See Huge Investments from China
By 2022. the U.S. is expected to account for 40 percent of the world’s extra gas production.
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