Israel has accused Turkey of contributing to the finances of Islamic State through purchases of ISIS-trafficked oil, BBC News wrote. Israel’s Defence Minister, Moshe Yaalon, said that IS had “enjoyed Turki...
Iran is launching nuclear power cooperation with Russia and China following the end of sanctions. Tehran will launch work on the second and third power units at the Bushehr nuclear power plant, in cooperation with Rus...
The European Commission (EC) has proposed a draft bill to enable Brussels to assess and potentially vet all intergovernmental gas contract drafts that the EU countries would aim to conclude with Russia prior to the si...
OPEC Secretary General, Abdullah al-Badri, has called on all oil-producing countries to cooperate in an attempt to tackle oil oversupply and remedy global oil price slide, while allowing new investments to pour into t...
Russia has approved a discount on natural gas prices offered to Ukraine at about $212 per 1,000cm of Q1 deliveries, down from the initial level of $230, Ukraine News Agency Interfax reported. According to Press TV, Mo...
A number of Russian firms will visit Egypt in mid-January to discuss investment in the fields of power, agriculture, tourism, and automotive, Amwal Al Ghad reports. The Egyptian Trade Ministry’s Commercial Service wil...
Iranian shipbuilder, ISOICO has signed a Memorandum of Understanding (MoU) with Russian shipyard, Krasnye Barrikady (Red Barricades) for rig construction cooperation and technology transfer, reported The Maritime Exec...
Russia’s major gas exporter, Gazprom has approved its investment program worth $11.71b ( RUB 842b) in total in 2016, the company’s board announced its decision in a statement, Reuters reported. The investm...
Delhi is expected to sign a deal with the US-based Westinghouse Electric Company LLC to build six nuclear reactors in India in the first half of 2016 to get country’s $150b worth of nuclear power plans off the g...
Russia’s Rosneft, and two Indian oil majors, Oil India Limited and Indian Oil Corporation Limited, have signed a Memorandum of Understanding (MoU) to jointly carry out geologic survey, exploration, and productio...