Tag Archives: Sanctions

OPEC’s own production was up slightly in April by about 12.000 barrels a day to 31.93 million bpd.

British Pergas seems to do little business in the United States. which potentially boosts its freedom to operate in Tehran.

French energy giant Total this week announced it will pull out of a major gas project in Iran by this fall unless U.S. sanctions are waived.

Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.

The surge in U.S. output has been offset by deep supply cuts for over a year by OPEC and other producers including Russia.

The volume of transit would have to be ".commercially viable". for Ukraine.

St. Petersburg International Economic Forum will be held on May 24-26. 2018.

The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.

OPEC and its ally Russia have cut their output since January 2017 to help reduce excessive global stockpiles.

Total said Wednesday it had halted plans to help develop Iran'.s giant South Pars gas field.