Iran plans to increase its condensate production to reach 864.000 bpd within five years.
Read More »Trump: Fate of Iran Nuclear Deal Hangs on Tough UN Policing
The warning from Trump came in a message to the U.N. agency’s annual meeting. being held in Vienna. that was read by U.S. Energy Secretary Rick Perry.
Read More »JCPOA Ministerial Meeting in New York Next Week
The annual US General Assembly opened on September 12 and lasts until December or January.
Read More »OPEC`s Rebalancing Strategy Shifts as US Oil Imports Drop
The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.
Read More »Siemens Refused to Cooperate with Ukraine Because of Fear of Losing Russian Orders
In July it became known that Russia. in violation of the sanctions regime. sent gas turbines made by the German concern Siemens (model SGT5-2000E) to the Crimea.
Read More »Tillerson: Imposing Oil Embargo on North Korea Will Be `Very Difficult`
The United States will continue to urge all countries on the UN Security Council to fully comply with sanctions and resolutions with respect to North Korea.
Read More »China Cracks Down Oil Smuggling Network
Smuggling is causing major headaches right now with regard to the fresh round of sanctions the UN imposed on North Korea.
Read More »Why US `Will Never Be Able` to Replace Russia in EU Gas Market
The US is especially concerned over the Nord Stream 2 project and has been strictly opposing its implementation.
Read More »Trump Playing a Risky Game on Iran Nuclear Deal
The role of the IAEA is to determine where such inspections are necessary based on facts.
Read More »Premonition of War: Japan Backs US Plan to Curb N Korea`s Oil Imports
North Korea sees its situation as quite similar to Imperial Japan'.s outlook in the early 1940s.
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