Exxon and Total are currently exploring off Cyprus.
Read More »Algeria to Raise Oil Output by August
OPEC and non-OPEC countries decided in late 2016 to cut output by 1.8 million barrels per day to boost oil prices.
Read More »Algeria Warns Saudi Arabia. Russia against Increasing Oil Output
Moscow and Riyadh recently announced their desire to pump more oil after a relative hike in prices.
Read More »Nord Stream-2 Can Be Built without European Investment
Recently. open US pressure on those Europeans who support the project has intensified.
Read More »Malaysian Oil Company Sapura Plans $750 Million IPO
Since July last year crude oil prices have gained 56%.
Read More »Gazprom Boosts Gas Output to Increase Exports to Europe
Gazprom increased gas production by 8.7 percent in the first half of 2018.
Read More »Abu Dhabi could Raise Output Capacity by 200.000 bpd in 2018
The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.
Read More »Iraq. Turkey and KRG Talk over Resuming Kirkuk Oil Exports
Iraq’s oil minister said last month Iraq and Iran had not yet begun exchanging crude oil. for technical reasons.
Read More »Nord Stream-2 Exclusively Commercial Project
Any sanctions against the project would be illegal and unacceptable. the Kremlin stressed .
Read More »Asia`s Oil Imports Slow as Economic Growth Pauses
U.S. President Donald Trump has introduced numerous tariffs on imports.
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