Iran is hopeful India will reciprocate by simplifying visa rules to enhance people-to-people contact.
Read More »Novak Sees 2018 Brent Outlook in the $50-$60 Range
Russia is cutting 300.000 bpd as part of the pact with OPEC.
Read More »Total Announces Major Deepwater Discovery in the Gulf of Mexico
In the Gulf of Mexico. Total focuses on the deep water domain with working interests in two producing fields.
Read More »BP Spend over $1billion in Egypt in 2018
The country owed $2.4billion (£1.7billion) at the end of June 2017 .
Read More »OPEC Predicts Higher 2018 Oil Demand. but more Rival Supply
The market is only expected to return to balance towards the end of this year.
Read More »Turkish `Warships` Stop Italy’s ENI Rig in Waters off Famagusta
Turkey opposes the drilling. saying it flouts the rights of the breakaway Turkish Cypriots to ethnically-split the conflicted island’s natural resources.
Read More »Iraq Seeks $100 Billion to Revive Economy
A U.S. official in Baghdad said 100 U.S. companies were participating in the conference.
Read More »Eni has Made a Gas Discovery Offshore Cyprus
Eni is the Operator of Block 6 with 50% of participation interest while Total is partner with the remaining 50%.
Read More »Shah Deniz 2 on Track for Start-Up in 2018
Shah Deniz stage 2 is on track for start-up in 2018. currently on time and under budget.
Read More »Russia. Syria Consider Energy Sector Cooperation
This cooperation will help the normalization of the socio-economic situation in the country.
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