The planned second line of the Turkish Stream is intended for the supply of gas to European states.

Iran needs major investments in its offshore oil and gas sectors.

The highly anticipated meeting is expected to extend the organization'.s output cut plan for another 6 months.

Trump’s first complete budget proposal. released in part on Monday. would raise $500 million in fiscal year 2018.

The price of OPEC’s basket of 13 crudes stood at $51.50 per barrel on May 22.

Germany'.s Linde Group is ready to make direct investment in the Iranian petrochemical industry.

Kuwait is part of a joint OPEC/non-OPEC ministerial monitoring committee.

The ships will be deployed to transport liquefied natural gas between local ports.

Sinopec said it'.s moving forward with 110 billion yuan in new spending this year.