Russia will see lower inflation and a smaller budget deficit if OPEC and non-OPEC oil producers agree to extend a production cut deal.

Around 83.000 barrels of Yadavaran production is a blend of light crude and the rest is heavy crude.

Iran has been second-best to Qatar in gas production from South Pars.

Japan is still dealing with the after-effects of the Fukushima disaster.

The pilot production was carried out in the Shenhu Area of Northern South China Sea.

The Persian Gulf region has about 730 billion barrels of proven oil reserves and more than 70 trillion square meters of natural gas.

For more than 75 years. Schlumberger has supported Saudi Aramco and the Kingdom of Saudi Arabia’s oil and gas industry.

India has zoomed past the US to take the second spot on a list of the world’s most attractive renewable energy market.

The MoU aims to generate USD 4 billion in annual productivity improvement.