The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.
Read More »Chinese Oil Imports from U.S. Surge amid Declining Oil Purchase from Iran
Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).
Read More »Russian and U.S. Gas are in Germany`s Future Energy Mix
Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.
Read More »Iran Launches Oil Sales on Energy Exchange to Counter US Sanctions
China’s government told at least two of its state oil companies to avoid purchasing Iranian oil.
Read More »Oil Glut Is a Snapshot in Time
Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.
Read More »US Unable to Stop Iran Oil Exports
Iran exported 2.5 million barrels of oil per day in recent months.
Read More »ExxonMobil will Evaluate Hydrocarbon Resources in Georgia
Within the scope of the Agreement. the company will evaluate the potential of hydrocarbons in West Georgia.
Read More »US Attempt to Dominate Global Oil Markets
OPEC has no capacity to compensate for a lack of oil output caused by the US.
Read More »A New Climate Change Lawsuit Takes Aim at ExxonMobil
Exxon’s role in covering up the impact of climate change has come to light in the recent years.
Read More »Oil Addiction Weakness China as a Superpower
In its Gas 2018 annual report. the IEA said Chinese demand for natural gas will rise by almost 60 percent between 2017 and 2023 to 376 bcm.
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