Iran’s Persian Gulf Star Refinery converts light crude. known as condensate. into gasoline and naphtha.
Read More »Germany Considers Nord Stream 2 as Commercial Project
Russia has not received from Germany any evidence about the change in the Nord Stream 2 gas pipeline.
Read More »US Increases Pressure on Maduro via Sanctions
The steps are part of a wider effort by the United States to undermine Mr Maduro.
Read More »Oil Prices to Fall from $65 bbl to $50 bbl
US-China trade talks are set to resume next week in Washington.
Read More »Iran Stresses Strengthening of Ties with Iraqi Kurdistan
Developments of relations with Iraqi Kurdistan region in all fields are Iran'.s policy.
Read More »OPEC has a President under Sanctions. but History Shows it`s Manageable
The organization is more directly represented by its secretary-general. currently the Nigerian Mohammad Barkindo.
Read More »US Warns India Purchase of Venezuelan Oil
Trump gave India a temporary exemption from the embargo. which carried economic penalties for violations.
Read More »OPEC Not a Cartel. Doesn`t Fix Oil Prices
OPEC and Russia have been cutting production together to support prices since 2017.
Read More »Sechin Wants Russia to Quit OPEC Deal
Russia first joined forces with OPEC to exert more control over international oil prices in late 2016.
Read More »Turkey to Send Second Drilling Vessel in East Mediterranean
Turkey has already caused concerns in Cyprus. Greece and private companies due to its activity in the region.
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