The refinery is expected to cut Turkey'.s current account deficit by $1.5 billion.
Read More »Russia`s Oil Industry can Shoulder Extra Taxes
The government is looking for extra money to implement President Vladimir Putin’s pledges of higher social spending and better infrastructure over the next six years.
Read More »Talks with Europeans on Nuclear Deal to Continue
France is an important partner of Iran and that Iran has good relations with the European Union members.
Read More »NIOC to Extend Deal with Vitol
The US threat to go after foreign businesses in Iran has been harshly criticized in Europe.
Read More »Zarubezhneft Mulls Joint Oil Production in Uzbekistan
Two sides established a joint working group and launched joint research with the participation of specialists from the two companies.
Read More »US Sanctions Harmful for Europe Firms
The Europe is reliant on oil imports for 98 percent of demand.
Read More »Russian Oil Production Steady in August Near Post-Soviet High
OPEC oil output rose last month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record.
Read More »Nord Stream 2 Pipeline Progress despite Sanction Risk
Uniper will remain one of the financing partners of this project.
Read More »Eni Finds New Gas Field in Egyptian Desert
A network to transport the gas has already been established. allowing the newly discovered gas to be easily transferred.
Read More »Equinor Seeks to Build a Core Area in Brazil
Over the last year Equinor has actively participated in new offshore licensing rounds.
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