The number of crude oil carriers berthed at the Kharg Oil Terminal in the Persian Gulf in the past nine months has witnessed a 28% rise compared with last year'.s corresponding period.

NISOC'.s contractual model conforms to the outlines of IPC. such as terms of 20-25 years and higher rewards for riskier projects. but differs in specifics.

For over 40 years. TCPs have brought together experts from the public and private sectors to share experiences in fields as diverse as ocean energy. smart grids. carbon capture and storage and hybrid and electric vehicles.

The Russian state-run oil giant said the cost of its acquisition is $1.125 bn.

Royal Dutch Shell said last month it had agreed with Iraq’s oil ministry to relinquish operations at the Majnoon field to the government after unfavorable changes to fiscal terms.

Halliburton said last year that it began scaling back operations in Venezuela as a result of delayed payments.

The Iraqi Foreign Ministry has called on Ankara and Tehran to close checkpoints at the border with Iraqi Kurdistan.

Amano reaffirmed that his agency would keep performing its specified duties in a professional manner.

Iran has over 400 years of gas resources available and Pakistan can take benefit of that by completing the gas pipeline project.

Barkindo said consultations are under way for the extension of OPEC output cut deal beyond March 30. 2018.