Social and Events

The new US national security strategy is a reckless one which will undoubtedly lead the world towards more insecurity.

At least 26 people were killed while several residents were missing in an island province in central Philippines after tropical storm Kai-tak.

Both documents reflect the willingness of the parties to cooperate along the entire production chain.

The global agreement to limit production is making progress in re-balancing supply and demand for oil.

The importing goods included cars. tires. bicycle spare parts. banana. rice. car spare parts. butter. toys. tea and cereals.

Iraq plans to double its production from oilfields in Kirkuk to one million barrels per day.

Libya agreed its oil production would not exceed 1 mln bpd. and Libya said it would bring its output in line with the target next year.

BP completed seven major projects this year. in Egypt. Trinidad and Tobago. Oman. Australia and in the North Sea.

The UAE. which is a net importer of gas. has been looking to diversify its supplies to meet growing demand.

The experts attending the conference highlighted that Turkey and Iran are about to start significant energy cooperation.