The two sides are likely to finalize a contract at St. Petersburg International Economic Forum which will kick off later this week.

Iran-Pakistan gas pipeline project (also called Peace pipeline) worth $7.5 billion has been discussed for years.

Armenia is ready to work in partnership with all world countries on providing transit of gas and electricity.

The deal will develop a world-class maritime yard within the King Salman International Complex.

ExxonMobil just lost a critical climate change battle even as the fate of the Paris accord remains in serious doubt.

For all OPEC members. $55 [per barrel] and a maximum of $60 is the goal at this stage.

Turkey had called for a 62.5 percent decrease in the price of gas it imported from Iran five years ago.

Statoil stepped up exploration efforts this year. focusing on the Barents Sea.

The Baltic Pipe. which is set to stretch 230 km. will transport gas to Poland from Norway via Denmark.

Emirates National Oil Company has paid dues as part of its debts owed to Iran for pre-sanction oil and gas purchases.