OPEC officials in Kuwait just a few days ago tried to hash out a strategy ahead of the June 22 meeting.
Read More »Turkey Becomes Energy Hub of Region
TANAP will be laid from the Georgian-Turkish border to the western border of Turkey.
Read More »Qatar to Meet India’s Growing LNG Demand
India. one of the major importers of Qatari gas. is giving more focus on the use of natural gas.
Read More »Russia and Pakistan to Sign $10 Billion Offshore Pipeline Deal this Week
Russia has nominated Gazprom for implementation of the project.
Read More »Gazprom Supply LNG to India
The LNG cargo was received by Oil Minister Dharmendra Pradhan.
Read More »Crude Oil Price Drops as US Supply Grows. OPEC Mulls Higher Output
The production-cutting pact between the OPEC. Russia and other producers has given strong tailwind to oil prices.
Read More »Lukoil Plans to Invest $270 mln in Exploration at Kazakhstan
The two companies will establish a consortium after completing procedures needed for the agreement to enter force.
Read More »India Imports Its First LNG from Russia
Two years ago. Qatar was India’s only LNG supplier.
Read More »Iran Starts Oil Swap with Iraq’s Kirkuk
Last December. Iraq and Iran reached an agreement for oil swap for one year.
Read More »Arab Oil Ministers Call for Continued OPEC. Non-OPEC Cooperation
The agreement has helped raise oil prices to above $80 a barrel and reduce a global oil supply glut.
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