Social and Events

Oil prices are responding to the tightening of supply due to the Libyan production halt.

The 7.5 magnitude quake on 26 February triggered landslides and flattened buildings.

Since 2016. Indonesia has resumed its oil and gas cooperation with Iran.

Energy companies including BP. Total. Statoil and Eni are present in Russia.

Any investments would be favored by oil ministry.

Oil prices in January topped $71 per barrel but fell to $66 on Wednesday.

The OPEC cut has boosted prices. which topped $71 a barrel this year for the first time since late 2014.

BP and Statoil are already present in Algeria. working with Sonatrach at the Tiguentourine gas plant in the region of In Amenas.

Iranian manufacturers will provide the pipes for building the pipeline.

The joint commission meeting aims to discuss bilateral projects in economic. trade. commercial and cultural fields.