Saudi oil giant plans to trade as much as 6 million barrels a day.
Read More »Trump to Impose New Sanctions on Russia over Syria Gas Attack
New sanctions on Monday would be the third round enacted by the Trump administration against Russia in the past four weeks.
Read More »14 Companies Interested in Iraq`s Oil Development Contracts
Iraq hopes to end gas flaring by 2021.
Read More »Big Oil Seek Small Refinery Exemptions under US Biofuels Law
The waivers could result in savings of $50 million or more in regulatory costs for the company'.s 2016 obligations under the biofuels law.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »Korean KTC to Build Solar Plant in Iran
With the construction of the mentioned solar plant and wind farm. KTC will also transfer new technologies to the country.
Read More »Russia Restores Syria`s Energy Sector
Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.
Read More »Iraq Plans to Cooperate with Baker Hughes. GE
It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.
Read More »A Pipe to Nowhere
Turkey agreed only to pave one thread of ``flow`` on its territory for 15.75 billion cubic meters per year.
Read More »The Next Natural Gas Hotspot
Gas production in Egypt went into steep decline several years ago due to price controls and lower investment from international companies.
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