Following the Paris climate agreement in 2015 more than 170 countries agreed to try limiting global warming to well below 2C.

According to OPEC+ deal Kazakhstan must lower oil production by 20 000 barrels per day to the level of November 2016.

Rosneft is Germany’s third biggest oil refining market player. with aggregate capacity of 12.5 million tonnes a year.

Iraq continued to be the top oil supplier to India in the April-June period.

Sakhalin-1 is operated by Exxon Neftegaz Ltd. through which ExxonMobil owns 30 percent in the project.

Trading crude oil in IRENEX will occur soon through follow-up measures by the oil and finance ministers.

U.S. energy companies last week cut the number of oil rigs by the most since March following recent declines in oil prices.

Rosneft supplies Germany with fuel via petrol stations operated by its partners BP and Total.

The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.

The optimization plan will help Tabriz Refinery to meet its target of reducing hazardous air pollutants.