Saudis mull importing gas while planning to double own output.
Read More »Zohr Gas Field Helps Egypt End Imports by 2019
Eni says to produce 2.9 bcf per day from Zohr field by second half 2019.
Read More »Russia Eager to Invest in Saudi IPO via Fund with China
Aramco IPO is at center of Saudi plan to re-boot economy.
Read More »Iraq Resumes Rail Transport of Oil Products to Basra
Iraq has resumed transporting oil products by rail from the Dawra refinery in Baghdad to Basra in the south which was halted after the 2003 U.S.-led invasion.
Read More »Iraq Asks BP to Study Developing Kirkuk Oilfields
Iraq in December 2017 earned around US$6.5 billion from crude sales. at US$59.3 per barrel.
Read More »Russia Sees 2-5 Months to Exit Oil Output Deal
The deal had achieved two thirds of what it was intended to do.
Read More »Iran will Connect to European Grid by Neighbors
Iran is paving the way for the investment of Iranian and foreign private sectors in renewable energies.
Read More »Shale Surge Won`t Thwart Plan to Clear Glut
Demand for this year is expected to be good. if not better than 2017.
Read More »Iraq Builds Kirkuk Oil Refinery
The Kirkuk refinery will provide oil derivatives with high quality specifications. such as high octane gasoline and other derivatives.
Read More »Turkish `Warships` Stop Italy’s ENI Rig in Waters off Famagusta
Turkey opposes the drilling. saying it flouts the rights of the breakaway Turkish Cypriots to ethnically-split the conflicted island’s natural resources.
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