Tag Archives: Middle East Monitor

Increasing oil production will not serve the interests of any country, Russia warned yesterday, stressing that Russian President Vladimir Putin was seeking “constructive negotiations aimed at stabilizing the global energy market.” “Russia did not back the termination of OPEC+ deal – The Organization of the Petroleum Exporting Countries,” Russia Today …

Forging an oil alliance between the United States and OPEC’s top producer Saudi Arabia is one of “many, many ideas” being floated by US policymakers but it is uncertain whether it will become a formal proposal, the US energy secretary told Bloomberg TV on Monday. “I don’t know that that’s …

Turkey has consistently contested the Greek Cypriot administration’s unilateral drilling in the area.

The coronavirus epidemic has a negative impact on economic activities.

Bin Salman plans to use the revenues from the sale to finance his Vision 2030.

Iraq calls on all parties to stop carrying out reciprocal attacks and causing huge human and facility losses.

The goal is to increase Iraqi export outlets and find markets for the increasing oil production.

Tehran has no problem with reducing global crude production.

Only Iranian companies approved by the NIOC will be able to partake in Iraqi Oil Ministry projects.

Qatar Petroleum is a state-owned firm which carries out all the activities related to oil and gas.