Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its output at the current level 3.6mb/d, in a major compromise ahead of talks in Algeria by the end of September.
Russian and Iranian firms began work on two additional reactors at Iran's nuclear power plant on the Gulf coast at Bushehr. The two units will add over 2,000 megawatts (MW) of nuclear power generating capacity over a ...
Bahrain and Russia agreed to expand cooperation in liquefied natural gas (LNG), with Moscow considering LNG supplies to and expanding its offshore exploration in the kingdom.
Russia's Gazprom and the state geological exploration services company Rosgeologia have signed memorandums of understanding with Bahrain's state-owned Noga in the areas of liquified natural gas (LNG), and oil and gas ...
Moscow has sent a draft intergovernmental agreement to Turkey on a natural gas pipeline under the Black Sea to Greece. Novak expects Ankara to decide on the project within a few months, as it is planned to kickoff by ...
The crown prince of Saudi Arabia, Mohammed Bin Salman, met the Russian President, Vladimir Putin, on the sideline of the G20 summit in eastern China, to discuss possible cooperation regarding oil production freeze pr ...
Angola beat out Saudi Arabia and Russia in July to become China's largest crude supplier for the first time in 2016, as the Asian country's import amounted to 1.11mb/d of Angolan crude, marking a surge of 23.3% over ...