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.
Read More »Greece Accuses Turkey of Violating Int`l Law
Greece'.s Foreign Ministry has rebuked Turkey'.s disregard for international law as a ".blatant violation". of Cyprus'. sovereign rights.
Read More »KOGAS in LNG Arbitration with Australia`s North West Shelf Gas
South Korea imports most of its LNG through the country’s sole LNG wholesaler KOGAS.
Read More »Iraq Asks BP to Study Developing Kirkuk Oilfields
Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.
Read More »Putin: West Will `Tire` Of Sanctions Soon
The United States. the European Union. and others have imposed sanctions on Russia.
Read More »Russia Sees 2-5 Months to Exit Oil Output Deal
The deal had achieved two thirds of what it was intended to do.
Read More »OPEC Predicts Higher 2018 Oil Demand. but more Rival Supply
The market is only expected to return to balance towards the end of this year.
Read More »Shale Surge Won`t Thwart Plan to Clear Glut
Demand for this year is expected to be good. if not better than 2017.
Read More »Iraq Builds Kirkuk Oil Refinery
The Kirkuk refinery will provide oil derivatives with high quality specifications. such as high octane gasoline and other derivatives.
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