Iran and Qatar accounted for 5.7 per cent and 5.1 per cent respectively of the total natural gas global production of 186.9 trillion cu/m in 2015, according to the recently released 65th edition of the BP Statistical Review of World Energy
The Dow Chemical Company has announced that it has become the first company to receive a trading license from the Government of Saudi Arabia, allowing 100 per cent ownership in the country’s trading sector
Kurdistan Region of Iraq is ready to sign an agreement with the federal government in Baghdad on a deal to increase oil exports if the latter guarantees it a monthly revenue of US$1bn, a spokesman for Kurdistan Regional Government (KRG) said
Amidst lower oil prices, global oilfield services and equipment (OFSE) industry has taken a strong hit and are realigning their strategies to suit the current scenario
Petroleum Development Oman (PDO) has confirmed that it is in talks to borrow US$3.4bn loan from an international finance house
