Energy

Who Stands Behind Attacks in Gulf of Oman?

All of a sudden an opponent of the Nord Stream 2 pipeline has appeared in the European community.

Venezuelan President Nicolas Maduro recently announced that the US is conducting an "electric war" against the country

For U.S. imperialism, that’s reason enough to pull out all the stops in their attempts to exert total control over the world’s resources

Exactly 68 years ago on this day, March 15, 1951, the Iranians managed to wrest their main national treasure, oil, out of the imperialists’ grab.

The US’ withdrawal from the JCPOA and declaration of a new set of sanctions has been hard to swallow for those planning Iran’s energy sector, as they had been relying on the deal as a means of revivifying Iran’s oil and gas production capacity

Over the past few decades, the share of natural gas in the global fuel basket has grown considerably. All predictions point to gas becoming the largest source of energy in the world, reaching over 28% by 2035. At present, countries such as US, Russia, Australia have made huge investments aiming to take a higher share of the LNG market.

As a country with a strong dependence on oil and gas imports, Turkey is pursuing a developmental strategy for domestic resources which includes a renewable energy agenda alongside increases in nuclear and coal facilities. Turkey’s growing energy demand make a reliable supply of multiple resource streams a necessity.

NAFTA crisis / New tariffs on Chinese goods / Escalation of conflict between US and Turkey

Energy, mainly from oil exports, is one the main foundations on which Sino-Iranian relations are built. China’s growing economy needs energy from reliable sources, and Iran’s huge oil and natural gas reserves go a long way towards covering the surplus in demand. By 2017, the bilateral volume of trade amounted to around $37.2 billion – massively in China’s favor.