Iraq’s proven oil reserves stand at over 145 billion barrels. while gas reserves exceed 3.7 trillion cubic meters.
Read More »Nord Stream 2 Construction to be Finalized despite US Resistance
The gas pipeline will enable the Russian Federation to optimize gas supplies.
Read More »Russia Wants more Time to Mull Output Cuts
Moscow needs more time to assess the situation. stopping short of giving a clear Russian position on the proposal.
Read More »India will Import Oil from Russia for the Year 2020
Indian Oil Corporation Limited has signed a contract with Russia’s Rosneft for importing 2 million metric tonnes of Urals grade crude oil in a bilateral meeting.
Read More »Rosneft Signs Contract with Indian Oil to Supply 2 Million Tonnes of Oil to India
An important subject of talks between Sechin and Pradhan was the issue of providing Indian consumers with quality crude and petroleum-based products.
Read More »EU to Try to Keep JCPOA Alive
All of three European countries insisted that this is not a measure oriented to finish with JCPOA. but to try to keep it alive. to give time for negotiation.
Read More »Switzerland Says Its Firms Ready to Engage in Trade with Iran
A senior official at the Swiss State Secretariat for Economic Affairs (SECO) said many companies have voiced readiness to engage in trade with Iran following the opening of a financial channel earlier this week.
Read More »Russia. Saudi Arabia Confirm Readiness to Cooperate in OPEC+ Format
The OPEC+ production reduction pact aimed at stabilizing crude prices is valid until the end of March 2020.
Read More »Russia. Saudi Arabia Confirm Readiness to Cooperate in OPEC+ Format
The OPEC+ production reduction pact aimed at stabilizing crude prices is valid until the end of March 2020.
Read More »Sorry that Europeans Failed to Meet Commitments Under JCPOA
EU’s Foreign Policy Chief Josep Borrell said. I am sorry that the European parties failed to meet their commitments under the JCPOA.
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