The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Bahrain`s New Discovery Contains 80 bln Barrels of Tight Oil
The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »State of Emergency in Indonesia as Borneo Oil Spill Spreads
The spill occurred near a refinery operated by the state-owned oil and gas company Pertamina.
Read More »Russian Gas Transit via Ukraine Decrease 10-15bln Cubic Meters Per Year
Gazprom kicked off the construction of the Turkish Stream’s seabed section off the Russian Black Sea shore in May 2017.
Read More »Oil Cuts Removed ‘85% of the Problem’ of Oversupply
Russia has been a ``great partner`` in the cuts agreement.
Read More »IEA Executive Director visits OPEC Secretary General at Vienna Headquarters
OPEC’s Secretary General has been a strong advocate of advancing dialogue and cooperation among producers and consumers.
Read More »Russia Restores Syria`s Energy Sector
Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.
Read More »Qatar Offers Gas to UAE at Very Competitive Terms
Since the blockade. Qatar has re-strategized its supply chain through imports from Oman. Turkey. Iran. India and China.
Read More »OPEC Crude Production Drops to Lowest in a Year
Output from Saudi Arabia. OPEC’s de-facto leader and its biggest producer. fell 10.000 bpd from February to 9.87 million.
Read More »China Imposes Tariffs on U.S.-Made Pipeline Materials
The Chinese tariffs are seen as retaliation to last month’s U.S. tariffs on imported steel and aluminum.
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