The second round of embargo will be reimposed in early November with the aim of curtailing Iran'.s oil exports and shipping sectors.
Read More »Venezuela Agrees to Pay $2B to ConocoPhillips Over Five Years
About 64% of Venezuelans report having lost an average of 24 pounds in 2017.
Read More »Venezuela’s Citgo At Risk Of Confiscation
Citgo has three major refining complexes in the U.S. with a total refining capacity of 750.000 barrels per day.
Read More »Iran will Maintain Gas. Power Exports to Iraq
Today. many Iraqi cities have security and stability. which alleviates the fear and risk of investment for foreign companies.
Read More »How U.S. Shale Could Stop A Global Oil Supply Crisis?
Short-cycle U.S. shale production is growing and will grow next year too.
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.
Read More »Chinese State Refiners Output up 12 pct in July
Crude oil output in July dropped 2.6 percent on-year to 15.85 million tonnes. or 3.73 million bpd.
Read More »Iran Offers Discount on Oil and Gas to Asia
Much will depend on the European Union. which has vowed to resist US sanctions on Iran.
Read More »Trump-Erdogan Quarrel. Iran Sanctions. Maduro’s Venezuela could Rise Oil Prices
China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.
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