The project has seen strong opposition from the European Commission as increasing EU'.s dependence on Russian gas and undermining Ukrainian transit.
Read More »China Switches to Iranian Tankers to Import Iran`s Oil
Iran is keen to keep its single biggest oil customer—China—when U.S. sanctions on Iranian oil exports kick in later this year.
Read More »Turkey`s Crude Imports from Iran Decrease in June
Turkey imports 10 billion cubic meters of gas from Iran.
Read More »Germany will not Abandon Energy Projects with Russia because of the US Position
In early July. US President Donald Trump announced that the Nord Stream-2 gas pipeline would make Germany ``hostage`` to Russia.
Read More »Europe should Act as U.S. Threats to Reimpose Oil Sanctions
The second round of embargo will be reimposed in early November with the aim of curtailing Iran'.s oil exports and shipping sectors.
Read More »U.S. Pressures Influence Withdrawal of Total from Iran
Such decision was due to Washington'.s announcement that it would impose sanctions on enterprises making business with this Islamic republic.
Read More »Brent Oil Stabilizes near $72 as Economic Concerns Weigh
Iran told OPEC on Sunday no member country should be allowed to take over another member'.s share of oil exports.
Read More »Total Officially Quits Iran’s South Pars Project
CNPC has now a 30 percent stake. while PetroPars holds the remaining 19.9 percent.
Read More »Merkel. Putin Discussion about Nord Stream 2. Syrian Reconstruction
Both leaders raised concerns about Syria and the plight of the many refugees created by the seven-year-old war there.
Read More »Gulf Exporters Benefit as Battle for Asia Market Share Heats Up
A tariff war between China and the US may damage global trade but could benefit Gulf oil exports.
Read More »