Iran argues one member has no right to steal the quota of another.
Read More »Russia`s Surgutneftegaz Seeks Dollar Alternative amid US Sanctions Threat
Russia has been subject to Western sanctions since its 2014 annexation of Ukraine´s Crimea region.
Read More »US Shale. Next Casualty in China Trade Dispute
LNG prices in Asia are likely to remain largely unaffected for now.
Read More »Cyprus-Egypt Pipeline Deal could Ease LNG Gas Exports to EU
Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.
Read More »Russian Oil Output Jump to a New Record before OPEC Talks
Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+.
Read More »China`s 10% Tariff on US LNG. a Win for Suppliers
The tariffs undermine Trump'.s drive to use US shale oil and natural gas to turn the US into a global energy leader.
Read More »US Accuses Russia of Hiding North Korea Sanctions Violations
said Russia sought to evade sanctions on North Korea and then cover it up by suppressing an official UN report.
Read More »Abe to Discuss Sanctions and Oil with Iran’s President on Sidelines of U.N. Meeting in New York
Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.
Read More »Iran-U.S. Clash over Nuclear Deal at IAEA Talks in Vienna
The International Energy Agency has warned of higher oil prices as Iranian supply losses deepen heading into November.
Read More »Chinese Crude Oil Output Rises for First Time in Nearly 3 Years
Most Chinese oilfields can break even with oil at $70 per barrel.
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