Tag Archives: International

Under a new draft agreement SOCAR’s share would rise to 25 percent from 11.65 percent.

In May 2013. Iran agreed to provide Syria with a $3.6 billion credit line to imports goods and commodities.

The US is especially concerned over the Nord Stream 2 project and has been strictly opposing its implementation.

The move comes as BP re-evaluates its portfolio in the wake of a dramatic slump in oil prices three years ago.

Rosneft and CEFC have been at the center of that burgeoning relationship.

OPEC estimated supply from non-OPEC countries next year would rise by 1 million bpd.

Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.

NIOC plans to employ enhanced oil recovery methods to boost the extraction rate in fields by 35%.

Joint project company will be named TurkAkim Gaz Tasima AS. says Russian daily.

Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.