In May 2013. Iran agreed to provide Syria with a $3.6 billion credit line to imports goods and commodities.
Read More »Unknown Oil & Gas Deal Change the Global Energy Balance
Rosneft and CEFC have been at the center of that burgeoning relationship.
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 »South Pars Oil Talks with Maersk Underway
NIOC plans to employ enhanced oil recovery methods to boost the extraction rate in fields by 35%.
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 »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.
Read More »PGSR Aims Export of Crude Oil Derivatives
Foreign firms urge us to provide them with either government or non-government guarantees. neither of which is possible for PGSR.
Read More »BP Enters South American Venture with Argentina’s Bridas
The two companies will be represented by four board directors each. sharing nomination rights for senior executives.
Read More »Russia’s Rosneft Expects $40 in 2018
Sechin’s oil price forecast is basically in line with Russia’s economic estimates from earlier this year.
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