North Korea sees its situation as quite similar to Imperial Japan'.s outlook in the early 1940s.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
Read More »PGSR Aims Export of Crude Oil Derivatives
Foreign firms urge us to provide them with either government or non-government guarantees. neither of which is possible for PGSR.
Read More »BP Enters South American Venture with Argentina’s Bridas
The two companies will be represented by four board directors each. sharing nomination rights for senior executives.
Read More »Russia’s Rosneft Expects $40 in 2018
Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.
Read More »Iran`s Crude Below $51
The price drop mirrors the trend in global prices that have been shaky in recent weeks.
Read More »European Parliament Endorses New Gas Supply Security Rules
The new rules will put solidarity first when it comes to dealing with disruptions to gas supply.
Read More »SOCAR Launches New Environmental Project at Baku Oil Refinery
Construction and assembly works on the new project. proposed by the plant. have been started to improve the process of separating oil products from industrial water.
Read More »Saudi Arabia. UAE. Venezuela Open to Extending Oil Production Cuts
Trio plus Kazakh agree to keep all options open including the possible extension of output cuts beyond next March.
Read More »Increase of Iran’s Oil Exports to Europe. China
Iran has been producing around 3.8 million bpd of oil in recent months.
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