In 2004. Iran and Armenia inked a barter contract in the field of gas and electricity for 20 years.

Norwegian firms which are working in the field of renewable energies seek to resume operations in Iran'.s lucrative market.

The ministers noted that the level of the deal’s implementation had exceeded 100% in the past five months.

Iraqi authorities are looking to speed up gas exploitation to help overcome severe electricity shortfalls.

Gazprom increased gas sales to almost all its buyers in Europe.

In 2016. the volume of oil refining at the company’s refinery in Germany increased by 17.8% .

EV sales will hit 1.5 million units in 2018. and again. China will lead the way with more than half of that total.

Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries.

Libya is politically divided between eastern and western authorities. including two oil corporations.

Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.