Russia will be waiting for some explanation from US.
Read More »Official Sees Oil. Gas Deals in 3-4 Months
Total was the first Western oil major to sign a $4.8 billion deal with Iran in July 2017 to develop and operate phase 11 of Iran’s South Pars.
Read More »Venezuela Takes Over OPEC Rotating Presidency
Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.
Read More »Nord Stream 2 Is a Game Changer for Gazprom
Gazprom increased gas sales to almost all its buyers in Europe.
Read More »French Engie Supports Nord Stream-2 despite Sanctions
Gazprom and its five partners signed agreements on a new model for financing the project in April 2017.
Read More »JCPOA Accelerated Oil Talks
Iran exported an average of 2.559 million barrels of crude oil per day during September 23-December 21. 2017.
Read More »Geopolitical Highlights Could Rise Oil Beyond $70
When oil goes up inflationary expectations go up as well.
Read More »Trump Extends Iran Sanctions Relief
IAEA on November 13 in a new report verified for the ninth time that Iran has been in compliance with the deal since it was implemented on January 16. 2016.
Read More »US has to Buy Russian Natural Gas as Consumer Prices Soar
US sanctions against the Russian energy sector do not directly ban supplies of LNG to America from Moscow.
Read More »Tehran could Increase Uranium Enrichment
Tehran has ``the capacity to greatly increase its enrichment of uranium.
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