The world’s top oil exporter aims to hold its production at around 9.8 million bpd level from January until March.
Read More »Iraq Renews Deal to Supply Egypt Crude Oil
The Egyptian government had agreed to buy 12 million barrels of oil per year from Iraq.
Read More »Venezuela Takes Over OPEC Rotating Presidency
Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.
Read More »Two Big Oil Seeking Smooth Exit from Cuts
OPEC and its partners see merit in maintaining their curbs into 2019.
Read More »Iran Wants to Boost Gas Coop. with Armenia
In 2004. Iran and Armenia inked a barter contract in the field of gas and electricity for 20 years.
Read More »Alexander Novak: more Countries can Join the Agreement
The ministers noted that the level of the deal’s implementation had exceeded 100% in the past five months.
Read More »Iraq Inks Gas Deal with US Company for Southern Field
Iraqi authorities are looking to speed up gas exploitation to help overcome severe electricity shortfalls.
Read More »Nord Stream 2 Is a Game Changer for Gazprom
Gazprom increased gas sales to almost all its buyers in Europe.
Read More »Iraq: Oil Market is Stabilizing
Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries.
Read More »Libyan Oil Fields Reopened after Months of Closure
Libya is politically divided between eastern and western authorities. including two oil corporations.
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