An estimated 4.8 million barrels per day of crude oil and refined products flowed through the Strait in 2016 towards Europe.
Read More »Rick Perry: America Is the Global Energy Leader
Trump intends to take some market share from Russia. which is the largest supplier of LNG to Europe.
Read More »Trump Wishes EU to Become `Massive Buyer of US LNG`
Germany is taking every effort to implement the Russian-European Nord Stream 2 project.
Read More »Investment in Global Energy Drops
Investment in renewable power dropped 7% as the growth seen in solar and wind energy was offset by declines in hydropower and nuclear power.
Read More »India Must Resist US Pressure. Buy Oil from Iran
Efforts now need to be made on devising a financial mechanism to overcome the US sanctions.
Read More »Japan Stops Imports of Oil from Iran
Oil supplies from Iran should be completely stopped by October.
Read More »Iraq Fails to Convince Iran to Resume Power Imports
Iraq has been importing electricity from Iran for many years after their power infrastructure was destroyed by decades of war and blockade.
Read More »China May Boost Iranian Oil Purchases
This week. Iran filed a lawsuit against the US in the International Court of Justice over the re-imposition of US sanctions
Read More »Iraqi Protests Hampers Oil Production
Basra is home to Iraq’s biggest oil fields. and their exports make up more than 95 percent of the country’s state revenue.
Read More »IEA Report Warns of Decline in Renewable Investment
Final investment decisions for new coal-fired plants have been declined for the second year in a row.
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