Eni’s plan today includes upstream production growth at an annual rate of 3.5 percent up to 2025.
Read More »Putin Says Current Oil Prices Acceptable
OPEC+ group as an effective mechanism will preserve long-term stability.
Read More »World Economy Faces Worst Year Since 09 as Virus Hopes Fade
The world economy may be heading for its worst performance since the financial crisis more than a decade ago as the spread of the coronavirus increasingly dashes hopes of a swift rebound.
Read More »EU Walks Turkey Tightrope With Limited Sanctions on Drilling
The European Union blacklisted two Turkish nationals as retaliation over Ankara’s energy drilling off Cyprus in a move that has more political symbolism than economic punch.
Read More »India’s Deepening Slowdown Faces Fresh Risks from Virus
India’s economy slowed to a more than six-year low in the final three months of last year. and it now faces a fresh threat from the coronavirus outbreak.
Read More »Iran. Turkey Targeting for $30bn Annual Trade Volume Exchange
The issue of attaining $30 billion worth of annual bilateral trade with neighboring Turkey has been targeted.
Read More »Saudis May Yet Get OPEC+ Deal from Recalcitrant Russia as Crisis Grows
Saudi Arabia has so far been thwarted by Russia in its push to shore up oil markets against the coronavirus. But when they meet next week. the humbled kingdom may yet clinch victory.
Read More »Arctic Oil Drilling Plan Coming Soon
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge. Interior Secretary David Bernhardt said.
Read More »Azerbaijan Temporarily Closes Borders with Iran
Azerbaijan'.s embassy in Tehran announced on Saturday that the country'.s borders with Iran are temporarily closed for two weeks. as of February 29. due to the outbreak of the novel coronavirus.
Read More »Iran. Turkey Targeting for $30bn Annual Trade Volume Exchange
The two countries of Iran and Turkey are targeting for $30 billion worth of bilateral trade volume exchange annually.
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