Tag Archives: Europe

BP currently intends to continue to hold its ownership stake in the Rhum joint arrangement and act as operator.

Under the deal with the KRG. Rosneft will receive its first 600.000-barrel cargo this week.

Global benchmark Brent crude had risen 50 cents to $54.67 a barrel.

The share of crude is 2.265 million barrels per day and the remaining is related to gas condensates.

Russia’s Energy Minister Alexander Novak said last week that it is too early to talk about an extension.

Russia plans to hold an energy dialogue meeting with OPEC in Moscow on May 31.

The Russian business interest in Iran significantly grew in 2016.

Iran is ready to conduct and exchange joint scientific research with Norwegian environmental institutions.

We have ignored to install recreation facilities in the Caspian Sea to serve our people.

Banking resources need to be directed towards effective projects which create jobs and lead to economic growth.