The US cannot become completely independent of foreign oil.
Read More »Nightmare Scenario for OPEC
The IEA sees demand for OPEC oil actually declining in absolute terms over the next few years .
Read More »Germany Provides loan Guarantee for Azerbaijani Gas Supply to Europe
The Southern Gas Corridor. worth over $40 billion. is considered as one of the priority energy projects for the EU.
Read More »3rd Iran-Armenia Power Transmission line to Come on Stream by 2019
Suitable measures have been taken for setting up the third power transmission line from Iran to Armenia.
Read More »Nord Stream-2 not an Alternative to Ukrainian Transit Route
The Russian leader stressed that such projects as the Nord Stream-2 and the Turkish Stream ".certainly diversify supplies"..
Read More »India. the Leader of Global Oil Demand By 2035
India is expected to post continued robust growth in the working-age population in the next five years.
Read More »China`s Energy Revolution Calls for Rethink by Fossil-Fuel Ports
China steers toward a car industry based on NEVs. the oil trade will lose its luster.
Read More »Launch of Nord Stream 2 Pipeline may Provoke a War between Ukraine and Russia
Poland plans to independently build a gas pipeline on the bottom of the Baltic Sea.
Read More »Poland to Build Its own Gas Pipeline in Baltic Sea
US Secretary of State Rex Tillerson previously said that Washington and Warsaw share the view that Nord Stream 2 gas pipeline project undermines European security.
Read More »Turkey Puts Second Floating LNG Unit into Operation
Turkey has already increased its daily send-out capacity from 190 million cubic meters in 2015 to 288 million cubic meters by the end of 2017.
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