Russia’s Industry and Trade Ministry plans to sell 365 cutting-edge Ka-62 helicopters by 2030.
Read More »Tanzania and Uganda Deal for World`s Longest Heated Pipeline
Uganda estimates overall crude reserves at 6.5 billion barrels. while recoverable reserves are seen at between 1.4billion and 1.7 billion barrels.
Read More »Total Aims to Conclude Iran Gas Deal Before Summer
Total said earlier in February that a final decision on the deal hinged on the new U.S. administration renewing the waivers.
Read More »14 Oil. Gas Fields Discovered in Iran in 4 Years
As of 2013 nine gas fields were discovered with total in-place reserves of 1.7 trillion cubic meters.
Read More »OPEC Deal Extension Meets Azerbaijan Interests
Extension of the agreement to cut oil production meets the interests of Azerbaijan.
Read More »Saudi Energy Minister Confident Oil Output Deal Will Work
Late last year. the 24 countries. including the OPEC and Russia. agreed to cut production by 1.8 million barrels per day in order to reduce global oil inventories.
Read More »Asian Energy Firms Sink as OPEC Output Deal Disappoints
The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.
Read More »US EIA Reveals Volume of Petroleum Import from OPEC
The US imported 3.793 million barrels of oil per day from OPEC countries in January.
Read More »Iran’s Oil Output Increases
Iran’s average oil output increased by 232.000 b d and 1 b d compared to 2016 and 2015 respectively.
Read More »Oil Is Struggling to Recover from Its OPEC Disappointment
Prices edged higher by 0.35% to $48.88 in early trading on Friday.
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