Tag Archives: Persian Gulf Countries

Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.

OPEC agreed to lower production in 2017 and has agreed to maintain output cuts for the whole of 2018.

Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.

Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.

OPEC. supported by Russia and other non-members. began to reduce output a year ago to remove an oil glut built up in the previous two years.

Volume of the greenhouse gas locked away underground will be equivalent to more than 1m vehicles each day.

The kingdom will decide where the stock will be traded. not the company.

US oil production is set to grow faster than previously expected amid a ".volatile". year in 2018.

Ministry wants to remove all forms of subsidies in gas and electricity to reflect real price.

Kingdom’s first large scale nuclear plant to be commissioned in 2027.