ICV is an ambitious plan embarked by the Government to boost the oil and gas industry’s contribution in the Sultanate’s socio-economic development.
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China has decided to invest &.25 million to help slow the decline underway in Venezuela.
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India was in touch with Iran on several issues. including on US’s withdrawal from the Iran nuclear deal. signed in 2015.
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Kazakhstan keeps on increasing oil production despite its participation in OPEC+ deal.
Read More »US Asks UN to Stop All Oil Transfers to North Korea
North Korea has already exceeded the annual cap allowed for oil imports.
Read More »U.S. Asks Saudi Arabia to Keep Oil Market Well Supplied
The U.S. is confident that it would be able to sanction Iran without market disruptions.
Read More »Iran Criticizes India for not Making Promised Investments in Chabahar Port
Shipping to Iran and ports in the country are also coming under the US sanctions.
Read More »Azerbaijan Reports on Implementation of OPEC + Deal for June
Daily oil production stood at 792.000 barrels in June 2018. of which 739.000 barrels accounted for crude oil and 53.000 barrels - for condensate.
Read More »Iran will be a Reliable Energy Partner to India
Iran has always been a reliable energy partner for India and others.
Read More »OPEC is Doing Best to Supply Market
It’s unfair to say that OPEC is not doing its part.
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