Social and Events

The energy sector is an important area for investment. given Turkey’s high dependence on energy imports.

Shell submitted a proposal for developing Azadegan and Yadavaran oilfields south of Iran last month.

The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.

Foreign firms urge us to provide them with either government or non-government guarantees. neither of which is possible for PGSR.

SOFAZ was established in Azerbaijan in 1999 and the Fund’s main source is revenues from the sale of oil and gas that account for the state share.

Recent exploration over the past two years has more than doubled the field’s estimated reserves to about 813 million boe.

Cost could only be reduced by cost cutting or using more efficient technology.

Russia proposed creating a platform to conduct research in the energy sector for BRICS member-states.

Libyan output had also recovered to reach an average of 990.000 b d in July. its highest level in three years. up 180.000 b d in June. according to the latest S&.P Global Platts OPEC survey.

In 2015. Schlumberger agreed to buy 45.65 percent of EDC for $1.7 billion. but the deal fell through after the Russian anti-monopoly repeatedly postponed its approval.