Russia. Europe’s biggest gas supplier. sees higher demand for its pipeline gas. undermining the region’s efforts at diversification.
Read More »China. Iran. Panama Sign Probe Report on Sunken Oil Tanker Sanchi
It was the world'.s first collision and explosion involving a vessel carrying condensate. an ultra-light crude oil.
Read More »Total will Quit Iran Gas Project if no Sanctions Waiver
Total holds a 50.1 per cent stake in the South Pars project.
Read More »Japan to Give Wind Power a Spin in Russia`s Far East
The experiment will see if wind power can be harnessed to cut the region'.s diesel fuel consumption.
Read More »Putin to IAEA: Russia will Continue Iran Nuclear Deal
European leaders. who aggressively lobbied Mr. Trump not to leave the agreement. are set to visit Russia soon to discuss a way forward.
Read More »ADNOC Drilling to Set Up Partnership with Baker Hughes
ADNOC Drilling deal with Baker Hughes would allow the US firm to expand in the Middle East.
Read More »OPEC in No Hurry to Decide if Extra Oil Needed to Offset Iran
Oil ministers from OPEC and its partners meet on June 22-23 in Vienna to review the existing agreement.
Read More »US Decision on Iran may Trump Government Math. Pinch Fuel Consumers
Economists and investment bankers believe a 10% increase in oil price could raise inflation by 0.2-0.3%.
Read More »US Exit from Iran Deal may Affect Korea`s Oil Imports
Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.
Read More »Oil Market Strengthen as Trump Threatens Iran Deal Exit
Iran appears to be ramping up its oil exports ahead of the likely sanctions.
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