The parties have agreed upon the main principles of Rosneft’s participation in projects in the Islamic Republic of Iran and approved the path forward plan.

The potential Sinopec investment in U.S. energy assets and creation of jobs in hurricane-hit areas will not be President Trump’s only mission on his Chinese visit.

The North Oil Company (NOC) has stopped feeding crude oil into the export pipeline.

Putin has called on Azerbaijan. Iran to coordinate efforts with Russia in energy sector Share.

The Organization of the Petroleum Exporting Countries meets next on Nov. 30 in Vienna.

China was the main importer of the Iranian goods during the 7-month period.

The parties will begin work on the project next year. after they will have signed all the legal paperwork later this year. according Novak.

In fact. the threat to OPEC from U.S. shale oil just got more serious as it became clear that the cartel and its partners are planning to extend their own agreement until the end of 2018.

The $768 billion U.S. chemical industry is the second largest in the world. with 15 percent of the global market.

Oil major BP signalled a switch from ``defence to offence`` in its third-quarter profits update.