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Iraq has repeatedly announced that the economic and cultural ties between Iran and Iraq are historic.
Read More »Without Iran`s Gas. Half of Iraqi Power Plants to Close Down
Saudi Taqa has Purchased Schlumberger`s Middle Eastern Drilling Business for $1.2 Billion
Taqa plans to use about $800 million of its own funds for the planned acquisitions.
Read More »China Continues to Invest in Arctic Gas Resources
Russia’s largest private natural gas company. Novatek. secured vital funding for its Arctic LNG 2 plant.
Read More »Iraq`s Crucial Part in Oil Industry’s Future
Iraq has adequate supplies of natural gas but has been flaring gas at increasing rates as oil production climbs.
Read More »Japan. EU Repeat Support for Iran Nuclear Deal
Trump’s choice has faced opposition of the international community.
Read More »Turkey Tries to Convince the US to Allow Iranian Oil Imports
The US decision damages regional cooperation and Turkey’s trade relations.
Read More »US Oil Embargo will See Venezuela Turn to China. Russia
Venezuela had its eyes on India to try to make up its shortfall.
Read More »No Wind-Down for China on Stopping Its Iran Oil Buys
China has alternative oil suppliers including the United States and Saudi Arabia.
Read More »Iraq Needs a Lot more Water to Fuel Its Oil Growth Ambitions
Most of Iraq'.s southern fields in Basrah are operated by international oil companies.
Read More »Trump`s Gulf Backups to Iran Aren`t Good Enough for Turkey
Turkey is loath to buy more oil from Saudi Arabia and the United Arab Emirates as the U.S. looks to squeeze exports from Iran. currently the third-largest supplier of crude to the Middle East’s biggest economy.
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