The project. which has generated a large number of jobs in the area. is hoped to develop agriculture and industries.
Read More »India Create Network with Asia`s Oil Buyers
India will work to create a network with other major oil buyers in Asia to negotiate better terms with sellers.
Read More »Russian Diplomat Names Conditions for Nord Stream 2 Project Fulfillment
The Nord Stream 2 gas pipeline is scheduled to be put into operation in late 2019.
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 »SOCAR and BP Sign New Production Sharing Agreement
Block D230 lies some 135 kilometres (84 miles) north-east of Baku in the Caspian Sea.
Read More »Iran Says Oil Exports to India Are Not Dropping
Iran’s total export of crude oil and gas condensate is now more than 2.5 million barrels a day.
Read More »Water Crisis in Iran
The water crisis is already seriously affecting living conditions as well as resources and agriculture.
Read More »India Create Network with Asia`s Oil Buyers
All the four major Asian economies should come together and India will try to create a network for that within the four countries.
Read More »Iran not to Give Development of South Pars Oil Layer to Total
After ownership of Danish company Maersk Oil was taken by the French Total. Iran decided not to give the development of the South Pars field to Total.
Read More »Iran Says no Need to Extend OPEC. Non-OPEC Pact If Crude Oil Prices Rise
The pact runs until the end of 2018.
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