Russia is cutting 300.000 bpd as part of the pact with OPEC.
Read More »Russia. Saudis Go Beyond Oil Alliance with LNG Project
Saudis mull importing gas while planning to double own output.
Read More »Russia Eager to Invest in Saudi IPO via Fund with China
Aramco IPO is at center of Saudi plan to re-boot economy.
Read More »In Trump’s First Year. U.S Doubles Solar Investments Abroad
OPIC is a self-funded government agency whose website says it aims to advance ``U.S. foreign policy and national security priorities.
Read More »Rising Asia`s Gas Demand Triggers New LNG Projects
By 2030. Thailand and Indonesia together could import nearly 70 million tonnes of LNG a year.
Read More »Iraq will Begin Oil Export to Iran this Month
Kirkuk is one of the largest oilfields in the Middle East. estimated to contain around nine billion barrels of recoverable oil.
Read More »BP Spend over $1billion in Egypt in 2018
The country owed $2.4billion (£1.7billion) at the end of June 2017 .
Read More »IEA: The United States could Become the World’s Largest Oil Producer
Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.
Read More »Erdogan: Cyprus not to Test Turkey over Gas Standoff
Cyprus was split in a Turkish invasion in 1974 after a brief Greek-inspired coup.
Read More »Iraq Resumes Rail Transport of Oil Products to Basra
Iraq has resumed transporting oil products by rail from the Dawra refinery in Baghdad to Basra in the south which was halted after the 2003 U.S.-led invasion.
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