Russia was Turkey's top gas import destination, supplying 1.37 bcm of natural gas while Azerbaijan and Iran followed with 986 and 406 mcm, respectively.

The USA and Bulgaria recently signed a Memorandum of Understanding (MoU) on civil nuclear cooperation.

U.S. commercial crude oil inventories increased by 4.3 million barrels to 492.4 million barrels,

U.S. Real gross domestic product (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020

The deals were signed at the Indo-Pacific Business Forum in Hanoi on Oct. 28 amid US Secretary of State Mike Pompeo's two-day visit to Vietnam Oct. 29-30 at the invitation of his Vietnamese counterpart,

Iran sanctions relief under a change in US president represents the biggest supply and price impact for global oil markets

Opportunities include further development of hydrocarbons reserves in Russia's Arctic offshore zone, which contains over 85.1 trillion cubic meters of natural gas, and 17.3 billion mt of crude and condensate.

The US was the fifth-largest supplier of LNG to India in 2019, according to the Department of Energy.

The sector is in full-on merger mode in response to oil prices that have been stuck at around $40 a barrel in recent months after the Covid-19 pandemic hit global demand.

To coincide with the first meeting of the new United States-United Arab Emirates Strategic Dialogue, U.S. Secretary of Commerce Wilbur Ross announced the Department is working to conclude two memorandums of understanding with Emirati government agencies promoting foreign direct investment, innovation, and entrepreneurship as well as the expansion of the International Trade Administration’s (ITA) Digital Attaché Program to Dubai, UAE.