Forging an oil alliance between the United States and OPEC’s top producer Saudi Arabia is one of “many, many ideas” being floated by US policymakers but it is uncertain whether it will become a formal proposal, the US energy secretary told Bloomberg TV on Monday. “I don’t know that that’s …
Read More »Poland to Supply US Gas to Ukraine
Poland will transport 6 to 8 billion cubic meters of American liquefied natural gas (LNG) per year to Ukraine in a deal that will help reduce Ukraine’s dependence on Russian gas. The deal should begin delivering the required natural gas in two to three years but much depends on the …
Read More »US Firm NextEra Energy Commits $1.5m to Support People Affected by the Coronavirus
The clean energy company, which operates in 45 states, says will support the most vulnerable members of our communities.
Read More »Russia Strongly Opposes US Sanctions Against Iran Amid Coronavirus
The Aide to the Russian President Yuri Ushakov in a phone conversation with Iran's Ambassador to Russia Kazem Jalali emphasized Moscow's strong opposition to US sanctions against Iran, especially amid coronavirus outbreak.
Read More »How Iran’s Oil Attracted US
The United States suffered least damage among the nations involved in the World War I and World War II.
Read More »OPEC will Continue Talks on Oil Issue with US Regulator
OPEC Secretary General Mohammad Barkindo held telephone talks with the Texas Railroad Commission late on Friday, March 20, a source in the secretariat told TASS, adding that the sides agreed to continue consultations. Later the commissioner Ryan Sitton confirmed the information via Twitter. “A telephone conference with US colleagues just …
Read More »US to Become the ‘World’s Leading LNG Exporter by 2025’
The US will become the world’s leading exporter of liquefied natural gas (LNG) by 2025, says an analyst. LNG has grown in popularity over recent years, providing energy companies with a lower-carbon alternative to coal as they seek to reduce their emissions amid growing climate change pressure. Record production levels …
Read More »US Sanctions Powerful Obstacle to Iran’s COVID-19 Battle
The Russian Foreign Ministry called on the US to lift its anti-human sanctions against Iran amid the outbreak of the novel coronavirus in the country, saying that the measures act as a powerful obstacle to Tehran's effective fight against the infection.
Read More »Zarif Calls on UK not to Observe US Anti-Iran Sanctions Based on JCPOA Obligations
Iranian Minister of Foreign affairs Mohammad Javad Zarif urged UK not to observe US anti-Iran sanctions based on its JCPOA commitments.
Read More »Oil Crisis Too Large for SPR Fix
On March 13, President Trump proposed using the Department of Energy to buy oil for the Strategic Petroleum Reserve (SPR) in a bid to soak up some surplus oil from the market. Oil prices received a jolt on the news just before the close of trading on Friday. However, the …
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