It is Schlumberger’s second attempt to buy part of EDC and would be the first U.S. purchase of a stake in Russia’s oil and gas sector .

Saudi Arabia and its OPEC and non-OPEC allies are keen to demonstrate to a skeptical market that output cuts are finally drawing down bloated stocks.

The price of OPEC basket of fourteen crudes stood at $47.48 a barrel on July 20. compared with $46.85 the previous day.

The pipeline will supply gas to Russia'.s domestic market as well as the Chinese market.

India’s plan to merge some state-held oil enterprises could reduce inefficiencies in the sector.

Algeria'.s gas exports have increased to nearly 90 billion m3 year. of which 50 billion are carried via three pipelines to Europe.

BP looks to further increase its interest in a becoming carbon neutral.

The document adopted on Wednesday aims to achieve cooperation between the gas companies to ensure interconnector natural gas supplies between the four countries'. networks.

There are many things in Iran foreign investors flush with capital and world-renowned companies with updated knowledge find appealing.

A total of 40 floating import terminal projects exist in varying stages of development across the globe.