The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Bahrain`s New Discovery Contains 80 bln Barrels of Tight Oil
The Bahraini government earned $4.3 billion in oil and gas revenue last year and ran a budget deficit of $2.7 billion.
Read More »Oil Cuts Removed ‘85% of the Problem’ of Oversupply
Russia has been a ``great partner`` in the cuts agreement.
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 »Russia Increases Supply of LNG to Japan
A plan of bilateral cooperation of eight points was proposed by Japanese Prime Minister Shinzo Abe during his visit to Russia in May 2016.
Read More »Iran Intends to Rise Power Capacity by March 2019
The energy minister noted that about $3.5 billion were invested in power plans last year.
Read More »Pipeline for Peace
Back in 2008. Russia and South Korea signed a preliminary agreement on the delivery of Russian gas.
Read More »The US Can Breathe Easy on Russia-OPEC Deal
Moscow and Riyadh must first resolve those substantive issues before they can hammer out an oil deal that truly matters.
Read More »Some Oil Exporting Countries Suggest Six-Month Supply Cut Extension
Luaibi did not say which countries have suggested a six- month extension of the agreement.
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