Kazakhstan is ready for international cooperation in development of sustainable energy to find solutions to the energy crisis.
Read More »China’s CNOOC Looks for Gulf of Mexico Oil Partners
China. the world’s biggest oil consumer after the U.S.. has sought a foothold in crude production everywhere from Africa to Canada.
Read More »Iran. Venezuela Discuss OPEC Output Cut. Global Oil Market
Iran is ready for any measure contributing to stability in the oil market.
Read More »Turkey and Azerbaijan Agree to New Gas Pipeline
In the newly signed contract. Azerbaijan’s share of the oil will be 75 per cent. and bonus payments by foreign investors will reach $3.6 billion.
Read More »Shell to Withdraw from Iraq`s Majnoon Oilfield
Malaysia’s national oil company Petronas holds a 30 percent stake in the field while the Iraqi government holds the remaining 25 percent.
Read More »FM: Visits by IAEA Experts No Pretext to Find Out Iran`s Secrets
The two countries have supported each other in international organizations and on multilateral relations.
Read More »Qatar Says It`s Fulfilling Oil and Gas Deals Despite Gulf Crisis
Qatar. OPEC’s fourth-smallest producer. pumped 610.000 barrels of crude a day in August compared with more than 700.000 barrels daily in 2014.
Read More »Extending the OPEC Cuts Deal: An Option or A Must?
Unless a miracle happens and fundamentals change miraculously. an extension is a must and not just an ``option.``
Read More »Premonition of War: Japan Backs US Plan to Curb N Korea`s Oil Imports
North Korea sees its situation as quite similar to Imperial Japan'.s outlook in the early 1940s.
Read More »Baker Hughes Wins Major Deal for Egypt`s Zohr Gasfield
Project has potential to meet Egypt’s growing gas demand and save the country billions of dollars.
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