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 »Iraq Awards UAE. China Rights to Develop Oil in Northeast
Iraq’s 2018 budget of nearly $88 billion comes with a deficit of more than $10 billion.
Read More »Kuwait Energy Starts Producing Natural Gas from Field in Southern Iraq
Iraq is the Organization of the Petroleum Exporting Countries’ second-largest producer after Saudi Arabia.
Read More »14 Companies Interested in Iraq`s Oil Development Contracts
Iraq hopes to end gas flaring by 2021.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »Russia Restores Syria`s Energy Sector
Lukoil and Gazprom Neft are among the companies invited by Damascus to restore infrastructure destroyed during the war.
Read More »Iran. Russia Sign Deal to Develop Two Oil Fields
The cost of developing the fields is estimated at $674 million. with an additional $68 million in indirect costs.
Read More »Saudi`s Shale Revolution
Aramco is currently drilling for gas in Jafurah and in South Ghawar. the world’s largest oil field.
Read More »Iran. Russia Sign Oil Contract
The Mansouri oil field is an Iranian oil field located in Khuzestan Province. in the south east of Ahvaz city.
Read More »Russia Tops U.S. In Global Energy Company Rankings
The Russians and Americans are going head-to-head in a global oil and gas market.
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