Iraqi Prime Minister Haider al-Abadi expressed great support for the Kuwait agreement.
Read More »Europe Becomes Victim of Russia’s Newest Oil Strategy
This soaring demand has already created shortages in parts of the country.
Read More »Crimea`s Role in Depletion of Russia`s Resources
Crimean issue`` has depleted the Reserve Fund. it will have to deplete Russia’s National Welfare Fund next.
Read More »Trump Administration Step on JCPOA Ahead of Deadline
Trump has railed against the deal to limit Iran'.s nuclear program in exchange for loosening sanctions reached under his Democratic predecessor. Barack Obama.
Read More »China Promises to `Deal Seriously` with Sanctions Violators
A foreign ministry spokesman said Friday that Beijing has no information about operations of ships registered in other countries.
Read More »U.S. Shale Can’t Offset Decreased Oil Discoveries
WoodMac expects 2018 to be a third consecutive year of increase in the number of project sanctions from the 2015 low.
Read More »Oil-Rich Venezuela Suffers from Gasoline Shortage
Venezuela’s oil production has fallen to levels not seeing since the late-1980s.
Read More »China Denies It Is Illegally Selling Oil to North Koreans
China has always implemented UN Security Council resolutions pertaining to North Korea in their entirety.
Read More »Russia Set to Keep Its Grip on European Gas Market
Medvedev acknowledged that Europe may take more LNG imports. especially when demand exceeds the capacity of pipeline suppliers.
Read More »Donald Trump Says China has been Caught `RED HANDED` Letting Oil into North Korea
China is Pyongyang’s main oil supplier.
Read More »