Shale gas research is relatively new in Turkey. and a production phase has not yet been reached.

Last year Exxon said they may invest over $10 billion in Vaca Muerta shale projects over the next few decades.

Venezuela is in disarray and in no condition to expand its oil production.

The company'.s management is prepared for any situation. Gazprom Neft Middle East CEO says.

Producers in the U.S. and Canada have made dramatic efforts to cut costs since the collapse of oil prices three years ago.

On the Dolphin line which supplies the UAE with gas. al-Kaabi renewed the State’s commitment to all its pledges to supply oil and gas.

Libya and Nigeria have collectively added about 550.000 bpd since the original deal was agreed to last year.

Oil exports serve as the KRG’s main source of income.

Kuwait also plans to start selling a new grade of crude called Kuwait Super Light from January.

There is a huge ground for cooperation in the energy sector between Iran and Azerbaijan to help boost the two nation'.s economic development.