Tag Archives: Event

Venezuela’s oil production has declined to just 1.488 million barrels per day (mb d) as of March.

The major part of the summit is being dedicated to several important topics.

OPEC and other suppliers including Russia will discuss continuing the global production limits beyond the end of the year.

Ukraine is fiercely opposing the construction of Nord Stream 2.

In February last year. Tehran and Muscat signed a preliminary agreement on the pipeline project that is estimated to cost $1.2 billion.

IEF is the biggest energy gathering being held biennially. and Iran is its active member.

ADNOC is to maintain a 60 percent share during the production phase. he said at a news event in Abu Dhabi to announce the bidding round.

Kuwait wants to transform into a business hub that attracts investments.

Another competition in the event was the Drivers’ World Championship Asia.

The pipeline would carry 55 billion cubic feet of gas a year from Russia to Europe.