Tag Archives: International News Agency

Russia could potentially invest at around 20 billion dollars in Iran’s oil and natural gas production and exploration.

An increase in oil prices to more than $55 (£44) per barrel was not in the interest of OPEC.

Karan holds an estimated 9.6 billion barrels of in-place oil.

Russia will be cooperating with an OPEC decision last November to cut production levels and will be reducing its oil output by 300.000 bpd.

The city of Ahvaz is the capital of the wealthy Khuzestan province. rich in oil and natural gas.

The Minister intimated to OPEC to “be extremely careful about future market changes.

Iran is currently implementing plans to resolve the root causes of dust storms inside the country.

Airbus is the world’s Number 2 jet maker after Boeing. a US-based multinational plane manufacturer.

Barkindo expects global inventories to fall. which would boost prices.

The potential of agreements in this sphere could be valued at $20 billion