Iraq’s oil exports for February exceeded 95.940 million barrels.
Read More »OPEC. Russia Discuss 10-20 Year Oil Cooperation
Crude prices has recovered to $70 per barrel but fast-growing oil exports from the United States (US)’s producers have restricted prices.
Read More »Algeria to Attract Oil Companies with Tax Incentives
Oil and gas together account for 95 percent of Algeria’s export revenues and contribute 60 percent to its annual budget.
Read More »Blocking Saudi Nuclear Plant Opens Door to China
A US failure to build civilian nuclear reactors in Saudi Arabia may allow countries that lack nuclear proliferation standards to step in.
Read More »East Med Gas could Supply Europe
ExxonMobil and partner Qatar Petroleum are also scheduled to drill southwest of Cyprus in the second half of this year.
Read More »OPEC Curbs Oil Shipments to U.S. Refiners
Ecuador cut shipments to the United States by 86 percent and Kuwait cut exports by 58 percent. week-over-week.
Read More »Russia will have to Sign a New Contract with Ukraine if Nord Stream-2 Fails
The Nord Stream-2 system consists of two parallel branches of the pipeline.
Read More »Kuwait Seeks Foreign Investments to Diversify Away From Oil
Kuwait wants to transform into a business hub that attracts investments.
Read More »Iraq to Increase Oil Income. Decrease KRG`s Share
The first international flight landed at Erbil airport on Monday morning.
Read More »Merkel Emphasis Need for EU Unity
The pipeline would ship Russian gas to Germany. avoiding transit through Ukraine.
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