Tag Archives: International

The highest price for Brent was $55.89 per barrel and the lowest price was $54.83 during the reporting period.

Insulation of the pipe connections. trenching. laying and backfilling of the pipes are underway.

Russian oil producers achieved a major milestone in 2016.

Iran has imported natural gas from Turkmenistan since 1997 for distribution in the north of the country.

SOCAR produced 6.27 billion cubic meters of gas from the country’s offshore and onshore fields using its own funds in 2016.

The highest amount of Iranian crude in almost five years will be exported to Europe this month.

Oil will trade at $55 to $60 a barrel this year and Kuwait is assuming a $45 price in its budget for fiscal year 2017-18.

Iran agreed in November to cap its oil output at an average of 3.797 million barrels for the first half of 2017.

South Korea is a key importer of Iran’s condensate.

The rescue operation to find people stuck in the rubble of the building reached its final stages on Friday.