For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.
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Exxon. Chevron and Occidental are now the first U.S. energy companies to join the Oil and Gas Climate Initiative.
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Russia has already reversed most of its own production cuts as part of the deal.
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Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »Iran-U.S. Clash over Nuclear Deal at IAEA Talks in Vienna
The International Energy Agency has warned of higher oil prices as Iranian supply losses deepen heading into November.
Read More »U.S. to Begin LNG Deliveries to Germany in Four Years
Qatar has expressed interest in selling LNG to Germany.
Read More »Iran will Stay in Nuclear Deal As Long as Possible
The Europeans and other signatories must work on compensating the US sanctions.
Read More »China`s Big Stake in Venezuela Oil Industry
Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.
Read More »India Seeks Ways to Make Up Iran`s Oil
The US administration pulled out of the landmark 2015 nuclear deal with Iran on May 8.
Read More »For First Time since October 2015. China`s Crude Production Inches Up
Chinese state majors increased production because of the rising oil prices.
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