In November. OPEC and non-OPEC ministers will discuss the market situation and implementation of a global deal to cut oil production.

The geopolitical reality in the Middle East is changing dramatically.

The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.

Russia’s rise came as U.S. policy makers grew preoccupied with Asia. and the American public tired of Middle East wars – something both Obama and Trump acknowledged.

Calculations show that it could take about a month for a cargo ship to sail from the Middle East to a port in Argentina.

Nematzadeh. 72. served as the minister of industries. mining and trade between 2013 and 2017 during the first term of Hassan Rouhani as president.

Several other foreign companies have been invited for South Pars oil venture but none have given a decisive answer.

Last month. 29 percent of the new car sales in the country were EVs. with Tesla deliveries soaring.

Russian oil production has been steady. at around 10.9 million bpd due to a global pact to reduce total production by around 1.8 million bpd to support weak oil prices.

Twenty-five more projects in various economic sectors are currently being studied. Russian Minister of Energy Alexander Novak said.