The inauguration ceremony is expected to see a record turnout. with delegations from over 100 countries taking part in the event.

Up to now the presence of at least 92 international and foreign high-level delegations has been finalized. and a likely increase is possible in the number of other delegations.

China insists oil and gas exploration is taking place within its own waters after long-standing territorial dispute flares up.

Talks revolve around the transfer of technology and investments in several petrochemical projects in Iran.

Last June. Italy'.s state-run shipbuilding corporation Fincantieri announced a 4-billion-euro contract to deliver some vessels for Qatari Navy.

Oil is the only real national resource in these countries and governments and militias are fighting for control over it. as well as over refineries and ports.

The Siemens consortium. which includes Turkey'.s Kalyon and Turkerler. submitted a bid of $3.48 cents per kilowatt-hour to beat a rival bid from Chinese firm Ming Yang.

In the Middle East. the United Arab Emirates will take 111.000 bpd. up 3 percent from July.

American officials have provided little assurance that Aramco wouldn’t be a target of litigation. according to the people with knowledge of the situation.

Ukraine needs more reliable energy. The U.S. needs customers for its faltering coal industry.