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The investments required to build the complex will be shared equally by both companies.

Washington had escalated its willingness to threaten sanctions in pursuit of its foreign policy goals in recent months.

The 15 countries in OPEC produced an average 33.31 million barrels per day in October.

A month later. Russia’s production alone hit another post-Soviet record of 11.41 million bpd.

The households in the cities must make the switch from coal to natural gas by the end of October.

The households in the cities must make the switch from coal to natural gas by the end of October.

Kirkuk is one of the biggest and oldest oilfields in the Middle East.

Sinopec and CNPC are skipping bookings for November because it is unclear if Chinese buyers could win waivers from the sanctions.

The IEA said it looked in particular at Iraq. Nigeria. Russia. Saudi Arabia. the United Arab Emirates and Venezuela.

Brent crude prices stabilized on Wednesday after heavy losses the day before. with looming U.S. sanctions against Iran back in focus.