Oil prices climbed by around 1 percent on Wednesday .
Read More »Oman Oil Minister Expects Retaliation for Qatar`s OPEC Withdrawal
Qatar announced on Monday that it plans to withdraw from the oil producing group.
Read More »Iraqi Kurdish. Turkmen Leaders Discuss Kirkuk`s Future
Since the 2003 U.S.-led invasion of Iraq. Kirkuk has remained the subject of dispute between the central government in Baghdad and the Erbil-based KRG.
Read More »Indian Oil Corp to Buy 180.000 bpd Iranian Oil in 2018 19
The company has a deal to buy 180.000 barrels per day (bpd)Iranian oil this fiscal year.
Read More »Romania. Russia`s New Challenger in Eastern Europe
Romania currently produces about 10.5 billion cubic metres of gas each year.
Read More »Iraq Restarts Kirkuk Oil Exports after a Year of Suspension
The flows resumed on Friday at a modest level of around 50.000-60.000 barrels per day.
Read More »Iraq`s Kurds Upgrade Oil Export Pipeline
The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.
Read More »Qatar Rearranges Cabinet
It was the first government reshuffle in Qatar. the world’s top liquefied natural gas producer.
Read More »China Ready to Produce Oil. Gas with Philippines in South China Sea
China is ready to study the possibility of joint oil and gas production with the Philippines in the South China Sea.
Read More »Oil Rises on Looming Iran Sanctions
OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.
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