Capacity cuts implemented by Russia. OPEC and a number of non-OPEC countries have successfully brought excess supply under control and reduced inventory.
Read More »Sonatrach Aims to be Ranked among World`s Biggest Oil and Gas Groups
Sonatrach seeks to rank among the top five oil companies in the world.
Read More »India`s SBI to Stop Handling Iran Oil Payments
India'.s SBI to Stop Handling Iran Oil Payments.
Read More »Russia in Talks to Build Gas Pipeline Uniting the Korean Peninsula
South Korea is interested in buying 10 billion cubic meters of gas per year from Russia.
Read More »Brent Decline as Saudi. Russia could Support Output Hike
South Korea’s Iranian crude oil imports fell in May to their lowest since January.
Read More »Russia and Saudi Arabia Agree OPEC+ Format should be Extended
Russia and Saudi Arabia planned to sign a mutual agreement which will draw their cooperation in the energy arena to a new level.
Read More »Will Current OPEC Deal Survive?
At the last OPEC meeting in Vienna. the agreement was again extended until the end of 2018.
Read More »Libya`s Two Biggest Oil Ports Shut as Fighting Resumes
Reports indicate that the Aframax tanker Minerva Lisa was due to pick up oil at Es Sider Thursday.
Read More »Russia. Saudi Arabia Agree to Expand Cooperation to Stabilize Energy Markets
Russia and Saudi Arabia intend to support investment in the oil and gas sector.
Read More »Kazakhstan Offers TANAP Participants to Share Its Experience in Expenditures Control
Kazakhstan is ready to share its experience in expenditures control. within the framework of the construction and operation of gas pipelines.
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