Recently. open US pressure on those Europeans who support the project has intensified.
Read More »Abu Dhabi could Raise Output Capacity by 200.000 bpd in 2018
The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.
Read More »Trump Warns European Companies against Iran Ties
Rising gasoline prices could create a political headache for Trump ahead of the November elections.
Read More »Trump Accused OPEC of Prices Manipulation
Trump said in a tweet on Saturday that Saudi Arabia’s King Salman bin Abdulaziz Al Saud had agreed to produce more oil.
Read More »US Sanctions Iran. International Trade Suffers
In China'.s case. the Iranian crude oil is essential.
Read More »Iran Asks OPEC Members to Abstain from Unilateral Actions
Iran had been pushing hard for oil producers to hold output steady as U.S. sanctions are expected to hit its exports.
Read More »Oil Crisis Due to Libya Oil Output Cuts
Clashes had already forced the NOC to suspend operations at the two other ports. slashing output by 450.000 bpd.
Read More »Iraqi Turkmen Leader Concerned over Peshmerga`s Return to Kirkuk
Al-Salihi also called on Turkish officials to be sensitive on this issue in their talks with their Iraqi counterparts.
Read More »Germans have Little Faith in the USA as a Supply Partner
The Germans consider Norway (71%). Canada (52%) and Russia (49%) to be the most reliable energy partners.
Read More »Big Oil CEOs Warn Trump Tariffs Hurting Oil Sector
The CEOs of the two largest U.S. oil companies said Tuesday that tariffs enacted by the Trump administration would slow growth in the U.S. oil and gas sector.
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