Iraq’s Oil Ministry is postponing an upstream bidding round for 12 small and medium-sized oil fields across three provinces until mid 2017, reported Reuters. A statement for the the ministry said that there are essent...
The Turkish Energy Minister, Berat Albayrak, declared that Turkey expects the first unit of its planned $20b Akkuyu nuclear power plant, being built in collaboration with Russia, to be online by the end of 2023, repor...
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed possible oil and gas investments opportunities with a delegation from Russian state-owned energy company Zarubezhneft in the attendan...
Senior officials from the Organization of the Petroleum Exporting Countries (OPEC) met with Russia’s energy minister in Riyadh to discuss details around how the group will meet the supply target it set at in Algiers d...
Angola became China’s largest crude supplier for the second time in September, taking the top position from Russia, Reuters reported. China imported 4.19m tons of oil from Angola during September, averaging 1.02...
The Russian Energy Minister, Alexander Novak, and his Turkish counterpart, Berat Albayrak, signed a bilateral agreement in order to build the TurkStream undersea gas pipeline. The agreement came while the Russian Pre...
Energy ministers from Saudi Arabia, Iran, and Iraq will be among representatives of key member’s of the Organization of the Petroleum Exporting Countries (OPEC) producers meeting with Russia for informal discuss...
Iran will export 1m barrels of crude oil to Hungry during November, reported Tasnim News Agency. The National Iranian Oil Company’s (NIOC) Director for International Affairs, Mohsen Ghamsari, said: “The co...
Saudi Arabia has offered to reduce oil production, if rival, Iran, agrees to cap its output at the current level of 3.6mb/d. This is a major compromise from the Kingdom ahead of production freeze talks in Algeria by t...
The Ugandan government has launched a search for new investors for the construction of a $4b oil refinery in Hoima, after Russia’s RT Resources pulled out of the project, All Africa reported. The Ministry of Energy a...