Tag Archives: International Organizations

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.

The European Union is also working on a financial mechanism to ease non-dollar trade with Iran and circumvent US sanctions.

Saudi Arabia has used the forum in recent years to pitch for foreign investment.

Kogas is now expanding its business in the global market and is participating in 13 exploration and production projects.

Aramco is a major gas player but much of its production is used domestically.

Dudley believes the oil market is tightening up.

Aramco’s planned acquisition of SABIC is expected to involve buying all or nearly all of the 70 percent stake in the chemicals company.

Nord Stream 2 will allow Russia to force terms for gas supply and transit both to Europe and Ukraine.

Total also planning to expand its Nigerian LNG project this year.

On Monday. China reported its lowest annual economic growth since 1990.