The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Bahrain`s New Discovery Contains 80 bln Barrels of Tight Oil
The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Russian Gas Transit via Ukraine Decrease 10-15bln Cubic Meters Per Year
Gazprom kicked off the construction of the Turkish Stream’s seabed section off the Russian Black Sea shore in May 2017.
Read More »Oil Cuts Removed ‘85% of the Problem’ of Oversupply
Russia has been a ``great partner`` in the cuts agreement.
Read More »IEA Executive Director visits OPEC Secretary General at Vienna Headquarters
OPEC’s Secretary General has been a strong advocate of advancing dialogue and cooperation among producers and consumers.
Read More »China Imposes Tariffs on U.S.-Made Pipeline Materials
The Chinese tariffs are seen as retaliation to last month’s U.S. tariffs on imported steel and aluminum.
Read More »Iraq`s Government Announces Plan to Decrease Oil Dependency
Baghdad depends on the oil sector for more than 90 per cent of its revenue.
Read More »Iran Intends to Rise Power Capacity by March 2019
The energy minister noted that about $3.5 billion were invested in power plans last year.
Read More »Turkish. Russian Presidents Take Part in Akkuyu NPP Foundation Laying
The Akkuyu nuclear power plant is the first BOO (build-own-operate) nuclear power plant project in the world.
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.
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