Latest news
Iran halts oil supplies to Spain
Iran has cut oil supplies to Spain and it is possible to suspend exports to Germany and Italy, according to official Iranian television in English, PressTV reported Tuesday.
read more... 11/04/2012
Iraq March crude exports rise to highest level since 1980
According to an Oil Ministry spokesman e-mailed statement, Iraq’s crude oil exports settled at their highest monthly level in March since 1980, with 71.827 million barrel exported and 8.475 billion dollars generated revenue. Iraq trades crude for 118 dollars a barrel.
read more... 02/04/2012
Iran continues to revenge halting oil supplies to other European countries
After having halted the oil supplies to France, Britain, Iran has also decided to stop oil exports to Belgium, the Czech Republic and the Netherlands, as reported the local media Mehr News Agency on Monday.
read more... 07/03/2012
Algeria could become the world’s biggest shale gas exporter
Algeria has the potential to become the world's top exporter of shale gas, according to the Algerian Energy Minister Youcef Yousfi declarations.
read more... 29/02/2012
Russia and France to build an additional gas pipeline to Europe
According to the recent reports, the Russian gas export monopoly Gazprom aims to launch a project to build new gas pipelines from Russia to Europe in order to meet the growing demand by EU countries.
read more... 22/02/2012