OPEC and its partners are seeking to bring the amount of oil in storage worldwide down to its five-year moving average.
Read More »Gas Export to Georgia via Armenia still on Agenda
Gas exports to Georgia require fulfillment of different conditions. including the consent of Armenia.
Read More »Iraq will Gain too much from Gas-Supply Pact with Kuwait
Iraqi Prime Minister Haider al-Abadi expressed great support for the Kuwait agreement.
Read More »Iraq to Start Exporting Kirkuk Oil to Iran before End-Jan
About 30.000 barrels per day of crude will be trucked to Iran’s Kermanshah refinery in the first instance.
Read More »Saudi Aramco Seek Adviser for Global Gas Deals
Aramco in late 2017 invited international banks to pitch for the advisory role to help identify acquisition targets.
Read More »Iraq Oil Min: U.S. Firms Interested In Boosting Oil. Gas Presence in Iraq
In southern Iraq. Chevron is one of the major foreign companies—alongside France’s Total and Petrochina.
Read More »The First Energy Conflict In 2018
In 2018. Turkey will have its first brand-new drilling vessel. the Deepsea Metro II.
Read More »Russia’s Oil Production in Highest Level since 1999
Russia implemented its pledged 300.000 barrel-a-day supply cut gradually.
Read More »Big Oil`s Exit Urges Norway Tending to Its Own Petroleum Future
Norway'.s oil production has been halved since a 2000 peak.
Read More »Luaibi: Unprecedented Rise in Basra Gas Investments
Basra Gas Company. established in May 2013. is one of Iraq’s biggest gas companies.
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