The country owed $2.4billion (£1.7billion) at the end of June 2017 .
Read More »India to Boost Oil Refining Capacity By 77%
India plans to increase its crude oil refining capacity by 77 percent to 438.65 million tons.
Read More »Iraq to Respect OPEC Drive to Reduce Output
Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.
Read More »Saudi Oil Minister Annoyed of Shale Hype
The comments from al-Falih were quickly met with pushback from the IEA’s top officials.
Read More »Kuwait oil minister: not discussing exit strategy from supply cuts at Sunday meeting
OPEC. supported by Russia and other non-members. began to reduce output a year ago to remove an oil glut built up in the previous two years.
Read More »IEA: $65-70 Oil Could Cause Surge in U.S. Shale Production
The IEA warned that mostly due to U.S. shale. total supply growth could exceed demand growth.
Read More »Qatar. Bullish on Natural Gas Prospects
Qatar’s location makes it well positioned geographically to be competitive and earn attractive returns.
Read More »Crimea`s Role in Depletion of Russia`s Resources
Crimean issue`` has depleted the Reserve Fund. it will have to deplete Russia’s National Welfare Fund next.
Read More »Saudi Aramco Faces a Momentous Year as IPO Deadline Apears
The sale of shares in Aramco is a complex and significant financial transaction.
Read More »Yamal`s First Cargo Activates Diplomatic Row
Yamal LNG began commercial operation early this month.
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