Russia is Ready to Facilitate Cooperation between North. South Korea.
Read More »Iraq Awards UAE. China Rights to Develop Oil in Northeast
Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.
Read More »SOCAR and BP Sign New Production Sharing Agreement
Block D230 lies some 135 kilometres (84 miles) north-east of Baku in the Caspian Sea.
Read More »Iraq Issues 6 Licenses of Oil. Gas Exploration to Foreign Firms
Iraq wants to increase its crude oil production to over 5 million barrels per day (bpd) from its current production of about 4.35 million bpd.
Read More »Iran Says Oil Exports to India Are Not Dropping
Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.
Read More »India Create Network with Asia`s Oil Buyers
All the four major Asian economies should come together and India will try to create a network for that within the four countries.
Read More »Kuwait Energy Starts Producing Natural Gas from Field in Southern Iraq
Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.
Read More »Aramco. Total Eye Saudi Petrol Station Market
Other large energy majors are looking to divest distribution assets and focus more on core exploration activities.
Read More »Azerbaijan. Iran Agree on Preferential Tariff for Transportation of Oil and Oil Products
The North-South transport corridor is designed to connect Northern Europe with India and Southeast Asia.
Read More »Aramco Considers to Become One of World`s Biggest Oil Traders
Saudi oil giant plans to trade as much as 6 million barrels a day.
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