Social and Events

The KNOC data is considered the industry standard for South Korea'.s oil imports.

Total has a 50.1-percent share in the deal. The state-owned China National Petroleum Corp. has 30-percent stake and Iran’s Petropars has 19.9 percent.

The field holds 2.5 billion barrels of crude oil in place. some 400 million barrels of which are recoverable.

Iran’s average oil and oil product exports stood at 2.224 million barrels per day in last fiscal year. 41.3 percent more year-on-year.

Kazakhstan wants a gradual exit from an OPEC-led deal on oil production curbs and a rise in output one or two months after its expiry.

Nawaz Sharif'.s government is working to raise energy production by building plants to mitigate the sector'.s severe deficit. which causes long blackouts in many areas.

The first cars are expected to be produced at the plant in Neftchala in late September 2017.

Deeper cuts could help prices. but the question remains: how many of the parties to the deal could afford deeper production cuts?

The Islamic Republic of Iran endorses the expansion of relations with France in political. economic and international fields.

The kingdom expects its privatization programme to yield about $200bn in total through the full or partial sale of government firms.