Domestic natural gas production in 2017-2018 grew by 2.35 % to 32.64 bcm as compared to the year ago period.
Read More »Rosneft Considers China Still a Key Market after End of CEFC Deal
Rosneft continues to consider China a key market.
Read More »Iraq Signs BP Deal for Kirkuk Oilfield Development
Iraq exported 100 million barrels of oil in April. a daily rate of 3.3 million barrels.
Read More »Russia’s New Oil Tax Bill Promises a Big Change. but Limited Scope
The scope of Russia’s profit-based tax (NDM) pilot scheme will still be limited in the context of Russia’s upstream sector.
Read More »Oil Market is Awaiting Trump Decision on Iran’s Nuclear Program due May 12
Oil turns higher as dollar moves. looming decision on Iran sanctions tug at market.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
Read More »NASA Completes Full-Power Tests of Small. Portable Nuclear Reactor
It could generate power for distant. long-term space travel.
Read More »IMF: Middle East Oil Importers to Beat Exporters in Growth Recovery
The good news of this recovery this year is that the outlook is positive for both oil-importing countries and oil-exporting countries.
Read More »Saudi Arabia`s economic Renovation is still Dependent on Oil Prices
Middle Eastern oil exporters had to constrain government spending in recent years after crude prices slid in 2014.
Read More »Norway Stops Making Withdrawals from Its $1 Trillion Wealth Fund
The government will release its revised budget for this year on May 15.
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