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EIA sees America'.s output at 10.3 million barrels a day this year. the highest annual average on record.

US sanctions against the Russian energy sector do not directly ban supplies of LNG to America from Moscow.

Tehran has ``the capacity to greatly increase its enrichment of uranium.

The US Congress has a few more days left to decide whether or not to impose new sanctions.

Crimean issue`` has depleted the Reserve Fund. it will have to deplete Russia’s National Welfare Fund next.

Norway is Western Europe'.s largest producer and exporter of oil and gas.

A foreign ministry spokesman said Friday that Beijing has no information about operations of ships registered in other countries.

Members of the alliance are pooling their ideas to find ways to mitigate the impact of the work they undertake.

China is by far the world’s largest oil importer. and many producer nations are already more than happy to transact in yuan terms.

We think nothing of turning on a light or charging our cell phone. These daily activities — and those of a far greater importance — rely on the smooth running of an electrical grid.