The company has a deal to buy 180.000 barrels per day (bpd)Iranian oil this fiscal year.
Read More »OPEC. Allies will Address Oil Price Slump at Vienna Meeting
OPEC and 10 non-OPEC partners. led by Russia. will meet December 6-7 to decide on output policy.
Read More »US Imposes Sanctions on Russian. Syrian and Iranian Companies
The Russian parliamentarians already announced that Moscow will continue fulfilling its commitments with Syria.
Read More »Cutting Saudi`s Oil Exports to U.S. will Boost Crude Prices
Reduced Saudi oil imports tend to reflect in lower weekly U.S. inventories.
Read More »Romania. Russia`s New Challenger in Eastern Europe
Romania currently produces about 10.5 billion cubic metres of gas each year.
Read More »Moscow will Continue Seeking Mechanism for Cooperation with Iran
Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran.
Read More »Saudis Cut Oil Exports to U.S. to Boost Crude Prices
The Saudi tactic to send reduced volumes to the States succeeded last year.
Read More »Oil Rises amid Expectations of OPEC Supply Cut
While OPEC considers withholding supply. U.S. crude oil production reached another record last week.
Read More »US Shale Surge Boosts Industry Finances. Puts Deals in Spotlight
OPEC last sought to drive out shale producers by flooding the market with oil in 2014.
Read More »European Companies have Outspent U.S. Rivals on Clean Energy Investments
ExxonMobil was heavily criticized over its slower move to embrace the concerns of climate change.
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