Saudi Arabia and its OPEC and non-OPEC allies are keen to demonstrate to a skeptical market that output cuts are finally drawing down bloated stocks.
Read More »Chinese Company Interested in Extracting Gas from Russia`s Yakutia in Siberia
The pipeline will supply gas to Russia'.s domestic market as well as the Chinese market.
Read More »Algeria. EU Discuss Boosting Energy Partnership
Algeria'.s gas exports have increased to nearly 90 billion m3 year. of which 50 billion are carried via three pipelines to Europe.
Read More »Bulgarian. Greek. Romanian Gas Companies Sign Memorandum Related to Vertical Gas Corridor
The document adopted on Wednesday aims to achieve cooperation between the gas companies to ensure interconnector natural gas supplies between the four countries'. networks.
Read More »Qatar Seeks to Open New LNG Markets with Floating Terminals
A total of 40 floating import terminal projects exist in varying stages of development across the globe.
Read More »Russia Objects to Further OPEC Restrictions
Russia will hold a ministerial meeting for several representatives of OPEC member states as well as a number of non-members in St. Petersburg towards the end of this month.
Read More »SOCAR: Change in Gasoline Prices to Accelerate Modernization of Oil Refining Industry
Azerbaijan imports Premium gasoline and its free price. as it is known. is quite high in the market.
Read More »Iraq Inks Oilfield Development Contract with Baker Hughes
Under the contract. Baker Hughes will develop advanced solutions for flare gas at the al-Nassiriya and al-Gharraf oilfields.
Read More »China Becomes One of the Biggest Oil Drilling Contractors in Kuwait
Kuwait has so far bought Chinese-made rig equipment worth more than 4.3 billion yuan.
Read More »Low Oil Prices Push OPEC Producers to Public Markets
OPEC’s largest producer. Saudi Arabia. also hopes to enter public markets in the future.
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