The first trial electricity supplies from Russia to Iran via the Russia-Azerbaijan-Iran energy corridor may start as early as 2019.
Read More »World’s Biggest Traders Predicts Oil at $65-$100 a Barrel Next Year
Emerging-market crises and trade disputes could dent global demand.
Read More »China Cuts U.S. LPG Imports amid Trade War
The United States last year accounted for about 20 percent of China’s total LPG imports.
Read More »Oil Price Drops to $83 on Signs of Iran’s Exports
Concern that the U.S.-Chinese trade war could slow down economic growth and hit oil demand also weighed on the market.
Read More »Oil Prices Decline as U.S. Considers some Waivers on Iran Oil Exports
U.S. sanctions will target Iran’s crude oil exports from Nov. 4.
Read More »Saudi Arabia will not be Able to Fill Looming Oil Supply Gap
Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.
Read More »The World Needs to Rise Adoption of Renewable Energy
IEA says renewable energy could grow 25 percent faster.
Read More »Oman Strengthens Ties with Iran despite U.S. Sanctions Loom
Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.
Read More »Venezuela has Officially Launched Its Oil-Backed Cryptocurrency
Experts and analysts are skeptical that the Venezuelan cryptocurrency is really backed by oil assets and minerals.
Read More »Washington Mulls Waivers on Iran Oil
It was the first time a US official said the administration was in the process of considering waivers.
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