Tag Archives: United States of America

Exxon still sees a bright future for the oil industry. with 2.5 billion people set to enter the middle class in the next 20 years.

Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.

Unlike traditional oil. shale oil is more capital-intensive.

America will not be able to carry out any measure against Iran'.s great and brave nation.

The US sanctions were re-imposed on Tehran following the withdrawal of the United States from the Iran nuclear deal in May.

The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week.

Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC).

Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.

China’s government told at least two of its state oil companies to avoid purchasing Iranian oil.

Trump is focused on building a pipeline infrastructure in the Permian Basin. the third-largest oil field in the world.