Companies

Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.

Rosneft is hoping to benefit from a similar attitude to sanctions imposed over Ukraine.

Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.

The Russian business interest in Iran significantly grew in 2016.

Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.

Banking resources need to be directed towards effective projects which create jobs and lead to economic growth.

Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.

President Rouhani is on an official visit to Moscow at the invitation by his Russian counterpart Vladimir Putin.

Iran and Russia have the ability to export gas and carry out gas storage projects.

Analysts and experts are now mostly predicting that oil prices will remain below $60 this year.