Barkindo took over as Secretary General of OPEC in August 2016.
Read More »Oil Decrease as Market Eyes Possible Easing of OPEC Supply Curbs
The United States is actively considering oil sanctions on Venezuela.
Read More »China Imports More Oil and Gas from the U.S.
Gas is increasing in demand as the Chinese government moves to replace coal to combat air pollution.
Read More »TANAP to Strengthen Positions of Azerbaijan. Turkey in Global Energy Market
The length of TANAP is 1.850 kilometers with an initial capacity of 16 billion cubic meters of gas.
Read More »Iran`s Light Crude Closes to $74 per Barrel
On May 8. US President Donald Trump announced his country'.s exit from Iran nuclear deal. saying Washington will reinstate the unilateral sanctions on Iran within 90 to 180 days.
Read More »China to Build Floating Nuclear Power Plant by 2020
The idea was revived in the late 2010s with the rise of demand for power for offshore oil and gas drilling and the creation of safer reactor technologies.
Read More »India Turn to Traditional Suppliers to Meet Iran Oil Shortfall
IOC is Iran’s biggest Indian oil client.
Read More »Venezuela One of the Biggest Risks in the Oil Market in the Coming Months
Venezuela'.s Nicolas Maduro won the presidential election for another six-year term.
Read More »Pradhan Wants Saudis to Keep Oil Prices Stable
Pradhan has concern about rising prices and its negative impact on consumers and the Indian economy.
Read More »OPEC Raises Oil Demand Forecast amid Global Growth Uncertainty
OPEC’s own production was up slightly in April by about 12.000 barrels a day to 31.93 million bpd.
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