Social and Events

With an extraction rate of 16%. Azar is one of the joint fields with Iraq. along with Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.

The Saudi government plans to list five per cent of Aramco’s shares in 2018.

An explosion of a pipeline on Friday suspended the supplies of oil from Saudi Arabia to Bahrain.

OPEC and its allies are discussing extending their supply pact for as long as nine months.

Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.

For the first time. the exhibition and conference will include the downstream petroleum industry.

The export volume is subject to increase and it will be transferred by tankers through Kermanshah. western Iran till the oil pipelines will be completed.

The Saudis are considering a listing on the London Stock Exchange but ministers in Japan. China and the US are also pushing for their own exchanges to be considered.

Crude oil from northern Iraq flows primarily by truck and through a pipeline from Kurdish territory to a Turkish sea port.

Mexico is the world’s 12th-largest oil producer. and has some of the world’s best renewable energy resources.