OPEC estimated supply from non-OPEC countries next year would rise by 1 million bpd.
Read More »Shell to Withdraw from Iraq`s Majnoon Oilfield
Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.
Read More »FM: Visits by IAEA Experts No Pretext to Find Out Iran`s Secrets
The two countries have supported each other in international organizations and on multilateral relations.
Read More »Iran IAEA Envoy Blasts US Unconstructive Approach towards Nuclear Deal
Unfortunately. the US administration'.s recent moves are against the agreement.
Read More »Qatar Says It`s Fulfilling Oil and Gas Deals Despite Gulf Crisis
Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.
Read More »Is Russia Pushing Saudi Arabia Out of Asia?
The CEFC deal will see the Chinese company buy most of the 19.5-percent stake in Rosneft that Glencore bought last year in a partnership with the Qatar Investment Authority.
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »Trump Playing a Risky Game on Iran Nuclear Deal
The role of the IAEA is to determine where such inspections are necessary based on facts.
Read More »Premonition of War: Japan Backs US Plan to Curb N Korea`s Oil Imports
North Korea sees its situation as quite similar to Imperial Japan'.s outlook in the early 1940s.
Read More »PGSR Aims Export of Crude Oil Derivatives
Foreign firms urge us to provide them with either government or non-government guarantees. neither of which is possible for PGSR.
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