The production decline is the first since the beginning of this year.
Read More »TurkStream Gas Pipeline to Pass through Bulgaria
Russia and Bulgaria have been negotiating on the pipeline'.s route for some time.
Read More »Oil Falls amid Swelling Stocks
A slowdown in oil demand growth is compounding the emerging oversupply.
Read More »Europe’s Time to Save JCPOA Not Endless
Europe needs an extended timeframe to implement its strategies for preserving Iran’s benefits from the 2015 nuclear deal.
Read More »Russian. Saudi Energy Ministers Meet on G20 Sidelines
A decision on the production policy in 2019 can be reached at an OPEC+ ministerial meeting in Vienna on December 6-7.
Read More »Qatar`s Great Trade Prospect amid Embargo
The increase in trade with Turkey and efforts to boost ties with Iraq form part of Qatar’s strategy to diversify its trading partners.
Read More »Saudi Arabia’s Gas Ambitions
Saudi Aramco plans to boost its gas production to 23 billion standard cubic feet (scf) a day from 14 billion scf now.
Read More »Pakistan New Gov’t Wants to Complete Iran-Pakistan Gas Pipeline
Pakistan will do all it can to complete part of the pipeline that passes from Pakistani territory.
Read More »US Influence in the Energy Market to Grow
OPEC and other major producers are considering coordinated output restrictions to stem a further drop in prices.
Read More »Iran Finalize Oil-for-Goods Deal with South Korea
Iran'.s exports to South Korea mostly consist of crude oil and petrochemical products and its imports include household appliances.
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