Social and Events

OPEC expects to continue close cooperation with Azerbaijan within the framework of OPEC+.

Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by 1 million barrels a day.

Turkey is Iran'.s biggest buyer of gas by importing 30 mcm d. and gas exports to Iraq'.s Basra will begin in the near future.

Moscow is ready for talks with Ukraine on continued gas transits through the country.

The United States is actively considering oil sanctions on Venezuela.

Syrian government is working on the rehabilitation of three other fields in the same area in order to boost its energy production.

Novatek was established in 1994 and is involved in the exploration. production. processing and marketing of natural gas and liquid hydrocarbons.

The Iranian government has given Pertamina an early May deadline to seal a deal for developing Iran’s Mansouri oil field.

Russia’s Energy Minister Alexander Novak will retain his post in the new government.

The share of yuan-backed crude oil contracts has soared to 12 percent of global trading since the US withdrawal from the Iran nuclear deal.