Tag Archives: Minister

The United States holds a reserve of about 660 million barrels.

The Trump administration has said there are more than 50 foreign companies that have withdrawn their business from Iran.

The US has repeatedly urged European countries to not participate in Nord Stream 2.

The meeting will allow OPEC members to discuss ways to maintain oil market stability.

The EU fully supports the Presidential Council and its efforts to stabilize Libya.

Novak said higher crude prices this year would add 2.5 trillion roubles ($40.14 billion) to state coffers this year.

The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.

Russia is ready to invest in crude exploration and production. as well as refining.

A sharp growth in fuel prices that have risen by over 8% year-to-date. has forced the authorities to take emergency measures.

ICV is an ambitious plan embarked by the Government to boost the oil and gas industry’s contribution in the Sultanate’s socio-economic development.