Tag Archives: International Organizations

Iraq is working to divert most future output from Kirkuk oilfield to local refineries.

The European Commission tabled the 27% renewable energy target as part of a 2030 Clean Energy package of legislation.

The global agreement to limit production is making progress in re-balancing supply and demand for oil.

Russia. the largest producer outside the group. is keen to exit as soon as possible.

OPEC and its allies started withholding supplies last January and currently plan to continue doing so throughout 2018.

The importing goods included cars. tires. bicycle spare parts. banana. rice. car spare parts. butter. toys. tea and cereals.

Cryptocurrencies provide yet another advantage to countries facing international sanctions.

Russia is looking to open new gas fields and selling to the international market.

Iraq plans to double its production from oilfields in Kirkuk to one million barrels per day.

Libya agreed its oil production would not exceed 1 mln bpd. and Libya said it would bring its output in line with the target next year.