Saudi Arabia and Russia have been the drivers of the production agreement.
Read More »The Energy Goliaths Driving Global Demand
The increase in energy consumption will come from improved living standards and higher per capita income.
Read More »Iraq`s Southern Oil Exports Rise to Near Record
The bulk of Iraq'.s oil is exported via the southern terminals.
Read More »Turkey. Russia to Mull Energy Issues
An intergovernmental agreement between Russia and Turkey on cooperation in construction and operation of the Akkuyu plant was signed in 2010.
Read More »Gas Exports to Turkey Exceed 5bn Cubic Meters
Iran’s gas is supplied to Turkey through Bazargan border terminal.
Read More »Saudi Arabia Steps Up Oil Diplomacy Ahead of OPEC Meeting
The Saudi OPEC governor and Saudi national representative at OPEC are in communication with many countries to invite them to the meeting.
Read More »Baker Hughes Signs Power Generation Deal with Iraqi Firm
The Halfaya oilfield was discovered in 1976 with 4.1 billion barrels in reserves and is situated in the southern part of Iraq .
Read More »Shahdeniz 2 Is Now over 97 Percent Complete: BP
Project activities continue at offshore and onshore sites including the Sangachal Terminal and along the pipeline route.
Read More »UAE Oil Firm ADNOC may Offer 20 Percent Stake in Fuel Unit
ADNOC is offering a minimum 10 percent stake. or 1.25 billion shares. and a maximum 20 percent stake. or 2.5 billion shares. in the IPO of ADNOC Distribution.
Read More »China Jumps from Worst Carbon Emitter to Record Solar Investor
Half of all additions to China’s electricity generating capacity since 2013 have been renewables or nuclear.
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