Earlier this month. the Iraqi government approved a plan to increase crude oil production to 6.5 million barrels per day.
Read More »Rising Oil Prices Boost GCC Deposits
Despite improved liquidity. funding costs will increase due to rising interest rates.
Read More »Competition of Five Company for Critical Basrah Oil Fields Water-Injection Project
There are five international companies that are competing to win the project.
Read More »Oil. Lebanon`s Saviour
Lebanon and Israel have been contesting the rights to the 860 square kilometer triangular zone.
Read More »Russia Capable of Constructing Akkuyu Nuke Alone
The intergovernmental agreement for Turkey'.s first nuclear plant was signed with Russia in 2010.
Read More »Iran. Turkey. Russia Leaders Say will Boost Efforts for Stability in Syria
Putin endorses a proposal by Erdogan for Russia. Turkey and Iran to jointly provide humanitarian aid to Syria.
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 »Iraq`s Government Announces Plan to Decrease Oil Dependency
Baghdad depends on the oil sector for more than 90 per cent of its revenue.
Read More »Turkish. Russian Presidents Take Part in Akkuyu NPP Foundation Laying
The Akkuyu nuclear power plant is the first BOO (build-own-operate) nuclear power plant project in the world.
Read More »Iraq Plans to Cooperate with Baker Hughes. GE
It is the second contract signed by Iraq to process gas associated with oil. after one with U.S. energy firm Orion in January.
Read More »