The United States cannot prevent Iran from exporting its oil, Iran’s oil minister Bijan Zanganeh said earlier this week. He added that such limitations would
Category: Energy
Geopolitics of Energy: Saudi Arabia Acting as Oil ‘Shock Absorber’ for India
Oil prices went up earlier this week in response to the anticipating fall in in Iran’s oil exports ahead of the US sanctions. Tehran has
White House Pondering Exceptions to Oil Sanctions on Iran
The White House is actively considering exceptions to the US sanctions on Iran that it will reimpose in November. Countries that are being considered are
Clouds Lift from Libya’s Troubled Oil Sector: Foreign Companies Back in Action
Italy’s Eni is to acquire a controlling stake of BP’s Libya assets and plans to start oil exploration there anew. The company will join a
Filling in Oil Supply Gap Against the Backdrop of Iranian Sanctions
Saudi Crown Prince Mohammed bin Salman has said that his country had filled in the supply gap that had been created after Iranian crude supplies
Geopolitics of Energy: China’s Sinopec Succumbs to US Pressure Over Iran
China’s Sinopec has succumbed to the US pressure and curbed its crude imports from Iran. While the numbers are unclear, based on the current supply
Oil Market Update: Iranian Crude Export Already Down
Iranian oil exports are down before the second round of US sanctions enters into force at the beginning of November. The Iranian economy is poised
American Oil Giants Join to Fight Methane Emissions in a Climate Initiative
Some of the world’s leading oil and gas companies said that they would decrease methane emissions to 0.25% of their total production by 2025 against
Shell’s Nigerian Strategy Shifting from Onshore to Offshore
Royal Dutch Shell wants to reconsider its activities in Nigeria and give more attention to the oil and gas fields far offshore and thus escape
Controversial Keystone XL Pipeline Assessed as Environmentally Friendly
The US State Department said that the controversial Keystone XL oil pipeline would not do any harm to water and wildlife. In its environmental assessment,