Oil

The increase in the oil and gas reserves in the UAE makes the OPEC Middle Eastern producer 6th in both oil and gas reserves in the world.

Saudi Arabia on Sunday finally kicked off Aramco’s long-delayed IPO.

Iran expects further production cuts to be agreed at the next meeting of OPEC in December.

Russia has failed to meet its OPEC+ obligations for seven months this year.

The attracting crime of fuel smuggling out of Iran is being seriously fought. adding that his forces have confiscated nearly 7.8 million liters of smuggled fuel since the start of the local calendar year on March 21.

Benefitted from the most experienced and expert engineers. IOOC managed to repair the leakage in a 24-inch sea pipeline in Abouzar Oilfield. located at between 49 and 51 meters of sea depth without creating any pollution.

Saudi Arabia’s Energy Minister Prince Abdulaziz said his country is ready to make deeper cuts in oil output.

Oilprice has published a report on capabilities of Iran'.s oil and gas industries and some of the approached Tehran is using to foil US sanctions.

Syria is not considered a major oil producer.