The two railways are part of a larger rail network which is to connect China to the Europe via Iran.
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The topics of the meeting. first of all. include cooperation in the field of energy.
Read More »Oil Price Rise as Production Stopped
With US rig activity stalling and Iran sanctions looming. the oil market outlook is tightening.
Read More »RAPID Project Seeks Commitments for US$9.7bil Loan
Refinery operations are set to begin in 2019. with petrochemical operations to follow six to 12 months later.
Read More »Libya National Oil Firm Headquarters under Attack
Tripoli was shaken by clashes between rival armed groups at the beginning of this month.
Read More »OPEC. Allies to Discuss Oil Output Increase Sharing
OPEC. Russia and other non-members agreed in June to return to 100 per cent compliance with oil output cuts that began in January 2017.
Read More »Global LNG Prices Exceed Past Winter Peak
Russia'.s Yamal LNG plant has offered cargoes for winter delivery to Asia.
Read More »Qatar`s Huge Investment in German LNG Capacity
The emirate. which is the world’s top LNG exporter. has already poured US$29 billion (25 billion euro) in various Germany ventures.
Read More »China. ExxonMobil Discuss over $10bn Investment
The US company stated that it would invest billions of dollars.
Read More »Oil Prices Fall for 3rd Day in Row
American oil production remained at its highest level ever at 11 million barrels per day.
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