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The global oil cartel was looking forward to strengthening its cooperation with Russia.
Read More »OPEC`s Barkindo Lauds OPEC Non-OPEC Compliance with Oil Output Cut Deal
3 Foreign Oilfield Proposals Under Review
According to Zanganeh. Tehran aims to sign 10 new oil deals by the end of the current fiscal year (March 20. 2018).
Read More »Call for Petrochem Investments in Underdeveloped Areas
The country hopes to double its petrochemical output capacity to 120 million tons or more within five years.
Read More »Next Week Could Be a Turning Point for The OPEC Output Deal
Bilateral meetings will also be held on the sidelines of the event.
Read More »Oil Min. in Moscow to Attend GECF
GECF is a gathering of the world’s leading gas producers.
Read More »Saudi King Heads to Russia. with Oil. Investment and Syria on Agenda
Moscow said last month it had discussed with Riyadh extending the deal but no specific decisions had been made ahead of a Nov. 30 producers’ meeting in Vienna.
Read More »Offshore Investment Returning to Brazil. Mexico and Guinea
Latin America'.s active drilling rig count stood at 190 in May. further proof of the upward trend in E&.P investment.
Read More »Shell Seeking International Cooperation and Much Larger Offshore Wind Projects
Most countries around the North Sea do not have a clear agenda on what they’re going to do after 2022.
Read More »Azerbaijan Fulfills Commitments Under OPEC Deal in September
The OPEC Joint Technical Committee was created to monitor the implementation of countries’ commitments to cut oil production.
Read More »Russia Invites Turkmenistan to Participate in OPEC+ Deal
Over the 8 months of the agreement in force. surplus of global oil reserves decreased by 168 mln barrels and now stocks exceed the five-year standard by only 170 mln barrels.
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