The Kuwait's Deputy Foreign Minister stressed the importance of reaching a consensus among oil producing countries and he said that "There is no choice but to freeze production".
International oil firms have warned Iraq that projects to increase its crude output will be delayed if the government insists on drastic spending cuts this year
Bahrain’s Prime Minister launched a $738m power grid development project, aimed to upgrade the energy infrastructure with a new high-voltage power transmission network.
The Minister of Energy and Coal Industry of Ukraine said that the country is ready to make its underground gas storage facilities available to foreign companies, including Turkish ones, for its further transportation to the EU.
Azerbaijan's state oil company SOCAR has put forward a proposal to Russia's Gazprom for purchasing 3 to 5bcm of gas a year, SOCAR President Rovnag Abdullayev told reporters.
The Obama administration issued a final rule to sharply cut methane emissions from US oil and gas production, a key part of a push by President Barack Obama to reduce methane emissions by nearly half over the next decade.
Tanzania has agreed with Uganda to accelerate the implementation of a crude oil pipeline project between the two east African nations, and award the construction contract to multiple contractors.