Tag Archives: Government

Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.

Baghdad depends on the oil sector for more than 90 per cent of its revenue.

It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.

Moscow and Riyadh must first resolve those substantive issues before they can hammer out an oil deal that truly matters.

The necessary funds will likely be raised in multiple rounds.

Poland. the Baltic states and Ukraine all oppose the project.

Oil and gas together account for 95 percent of Algeria’s export revenues and contribute 60 percent to its annual budget.

A US failure to build civilian nuclear reactors in Saudi Arabia may allow countries that lack nuclear proliferation standards to step in.

Gas production in Egypt went into steep decline several years ago due to price controls and lower investment from international companies.

ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.