International

Crude oil production in Russia amounted to 10.97 million barrels a day last month.

Annual Qatarization certificates were given to Qatar Steel for its efforts in supporting and communicating with the education sector.

The government will release its revised budget for this year on May 15.

Bob Dudley. the American boss of the oil giant. was forced to flee Russia in 2008 .

The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.

Iraq wants to increase its crude oil production to over 5 million barrels per day (bpd) from its current production of about 4.35 million bpd.

Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.

Gazprom is ready to hold negotiations with Naftogaz of Ukraine on gas transit after the expiration of the current contract.

Saudi oil giant plans to trade as much as 6 million barrels a day.

Oil has rebounded to over $70 a barrel. after prices crashed to as low as $26 in January 2016.