OPEC Meeting Ends Without Output Freeze Deal

• Monday, 6th June 2016
• by Egypt Oil & Gas

OPEC will stick to its policy of unfettered oil production after members failed to agree on a new output ceiling during Vienna's meeting.

Iran, China Signs Oil & Gas MoU

• Monday, 16th May 2016
• by Egypt Oil & Gas

Iran and China have signed a Memorandum of Understanding (MoU) on long-term cooperation in the oil and gas sector, which calls for increasing the extraction of oil and condensates by Chinese operators.