Syria has been attacked just as it had a chance for peace.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »Middle East Crisis. U.S.-China Trade War Worsen Oil Markets
The United States now produces more crude than top exporter Saudi Arabia.
Read More »ADNOC Launches Oil and Gas Exploration Round
ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.
Read More »Competition of Five Company for Critical Basrah Oil Fields Water-Injection Project
There are five international companies that are competing to win the project.
Read More »Qatar Offers Gas to UAE at Very Competitive Terms
Since the blockade. Qatar has re-strategized its supply chain through imports from Oman. Turkey. Iran. India and China.
Read More »Iraq`s Government Announces Plan to Decrease Oil Dependency
Baghdad depends on the oil sector for more than 90 per cent of its revenue.
Read More »A Pipe to Nowhere
Turkey agreed only to pave one thread of ``flow`` on its territory for 15.75 billion cubic meters per year.
Read More »Some Oil Exporting Countries Suggest Six-Month Supply Cut Extension
Luaibi did not say which countries have suggested a six- month extension of the agreement.
Read More »Algeria to Attract Oil Companies with Tax Incentives
Oil and gas together account for 95 percent of Algeria’s export revenues and contribute 60 percent to its annual budget.
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