Tag Archives: International

The world’s top oil exporter aims to hold its production at around 9.8 million bpd level from January until March.

The project would simplify China’s oil imports from the Middle East.

The Egyptian government had agreed to buy 12 million barrels of oil per year from Iraq.

Due to the crisis and inability to afford cash for production maintenance. Venezuela is—unwillingly—overcomplying with its share of the OPEC cuts.

OPEC and its partners see merit in maintaining their curbs into 2019.

The long-term picture for gas is highly positive. said Fuzzy Bitar. Head of Upstream operations. BP.

In 2004. Iran and Armenia inked a barter contract in the field of gas and electricity for 20 years.

The ministers noted that the level of the deal’s implementation had exceeded 100% in the past five months.

Iraqi authorities are looking to speed up gas exploitation to help overcome severe electricity shortfalls.

Gazprom increased gas sales to almost all its buyers in Europe.