Tag Archives: International Organizations

Not all gas producers but only net exporters of natural gas had the right to become members of the organization.

Libya was initially exempt from the OPEC production cuts together with Nigeria because of the violence in the two countries.

Among the fields. talks for developing Yaran. Mansouri. Sepehr and Jofeir fields are finalized.

Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.

The Anbar refinery is part of a government plan to increase the nation’s oil processing capacity and reduce its oil products imports.

The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.

The EIA is forecasting US oil production will lift 14.8% to 10.70 million barrels per day this year.

Tillerson encouraged Trump to maintain the international nuclear deal with Iran reached during Democratic former President Barack Obama'.s administration.

The IEA expects Venezuela'.s crude output will fall to 1.38 million barrels per day (mb d) by the end of 2018.

Russians can pull out of the deal as they have made no commitment to OPEC to remain in the agreement until the end of 2018.