China'.s State control on foreign exchange flow was a key reason for the repeatedly postponed launch of Shanghai crude futures.
Read More »UAE and India Ink Oil Agreement
The Indian consortium contributed a participation fee of around $599 to enter concession.
Read More »IAEA Hails Qatar’s Role in Promoting Peaceful Uses of Nuclear Energy
Yukiya Amano. has praised the role of the State of Qatar and its continued cooperation with the Agency to promote the peaceful uses of nuclear energy in the world.
Read More »Iraq Seeks $100 Billion to Revive Economy
A U.S. official in Baghdad said 100 U.S. companies were participating in the conference.
Read More »Iran’s Production Rise Lowers Oil Prices
OPEC member Iran revealed plans to ramp-up production by at least 700.000bpd within the next four years.
Read More »Crescent Petroleum to Increase Production in Iraq
UAE-based firm plans investment of $1b to boost gas production to 500m cubic feet by 2020
Read More »Sonatrach to Invest $56 bln from 2018 to 2022
Algeria is a major gas supplier to Europe.
Read More »Russia. the Largest Oil Supplier to the Chinese Market
EIA reported that Russia. however. is the largest oil supplier to the Chinese market.
Read More »Turkey Puts Second Floating LNG Unit into Operation
Turkey has already increased its daily send-out capacity from 190 million cubic meters in 2015 to 288 million cubic meters by the end of 2017.
Read More »Rising Supply of Gas to EU
A rapprochement is emerging between the EU and its biggest natural gas supplier.
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