Tag Archives: International News Agency

Iraq is the second-largest crude oil producer in the Organization of the Petroleum Exporting Countries (OPEC) after Saudi Arabia.

Ten non-OPEC countries will attend the meeting of OPEC+ in Vienna on November 30 to discuss increasing the number of the deal’s participants.

The market had been looking forward to a supportive number due to the pipeline disruption from Canada.

Tehran has intensified efforts to involve foreign oil and gas majors in its key petroleum industry.

The global oil market could tighten towards the second half of 2018 if demand remains robust.

Venezuela is ordering its embassies around the world to renegotiate rents at their diplomatic missions.

Statoil plans to drill between 25 and 30 wells in Norwegian waters in 2018.

In just one month. Iraq turned from cheater to complainer. after clashes in Kurdistan added some geopolitical risk premium to oil prices.

Talks between Wintershall and Fridman’s DEA Group are at an advanced stage.

By 2022. the U.S. is expected to account for 40 percent of the world’s extra gas production.