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Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.
Read More »UAE Joins Gathering Consensus to Extend Oil Output Cuts
OPEC to Recruit New Members to Fight Market Imbalance
The cartel is said to be leaning toward a nine-month extension of the cuts to the end of 2018.
Read More »Iran Signs 3 MoUs on Water Management. Supply with Danish Companies
we hope Danish companies would consider the use of Iran'.s domestic capacities in the implementation and investment of their projects in the Islamic Republic.
Read More »Russia Accuses Europe of Meddling in Nord Stream Plans
Russia has accused the European Union of attempting to disrupt plans for the North Stream-2 gas pipeline.
Read More »Russian PM: New US Sanctions against Moscow will Derail Ties for Decades
Russia'.s Prime Minister is sure that the main aim of the anti-Russian US sanctions is to increse American LNG deliveries to Europe.
Read More »Rosneft Pays Kurdistan $1.3bn Upfront in Production Deal
Russian energy juggernaut annoys Baghdad as it pumps in cash to restive region under crude oil purchase contract.
Read More »First Phase of Khazzan Gas Field Inaugurated
The Khazzan tight gas reserves lie at depths of up to five kilometres in narrow bands of extremely hard. dense rock.
Read More »Baghdad Targets 1 Million bpd Output for Kirkuk Oilfields
According to results announced by the KRG. nearly 93 percent of registered voters cast ballots in favor of independence.
Read More »OPEC Head Says Oil Cuts `Only Viable Option` to Stabilize Market
Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.
Read More »Iran. Turkmenistan Consider Joint Natural Gas Export
Iraq and Turkey remain to be main importers of Iranian natural gas and Tehran is eying to increase its gas exports to its western neighbors.
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