Qatar is a small but wealthy member of OPEC that generates most of its income from natural gas rather than crude oil.
Read More »Iran in Talks with Russia to Purchase 12 Sukhoi Superjets
The Russian business interest in Iran significantly grew in 2016.
Read More »India to Cut Iranian Oil Purchases in Row Over Gas Field
Under sanctions. Iran was banned from the global financial system. preventing the field'.s development.
Read More »Tehran. Moscow will Use National Currencies in Mutual Settlements
Banking resources need to be directed towards effective projects which create jobs and lead to economic growth.
Read More »Saudi Arabia Likely to Cut May Crude Prices to Asia on Weak Demand
Saudi Aramco officials as a matter of policy do not comment on the kingdom'.s monthly OSPs.
Read More »Russia`s Gazprom. Iran`s NIOC Sign Memorandum on Gas Cooperation
President Rouhani is on an official visit to Moscow at the invitation by his Russian counterpart Vladimir Putin.
Read More »Iran. Russia Negotiate Joint Gas Projects
Iran and Russia have the ability to export gas and carry out gas storage projects.
Read More »Russia Remained the World’s Top Oil Producer in January
Analysts and experts are now mostly predicting that oil prices will remain below $60 this year.
Read More »Iran. Iraq to Lead Middle East Oil Growth
Iraq and Iran are the countries where oil production is expected to see the highest growth over the next decade.
Read More »Iran Starts Up South Pars Oil Layer
The South Pars Oil Layer is shared with Qatar. where it is known as Al Shaheen.
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