Energy Today

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Remains Committed to Output Cut Deal

The UAE will remain committed to the global oil output reduction deal to eliminate the remaining glut on the market which amounts to 100 million barrels to reach the average target of the coming five years, according to Suhail bin Mohammed F***j Faris Al Mazrouei, Minister of and .

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Iran Willing to Relax Visa Norms, Share Oil and Gas Iran is hopeful India will reciprocate by simplifying visa rules to enhance people-to-people contact.

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Gazprom Seeks to Attract Investors for Pipeline to China Russian gas giant presents Power of Siberia, TurkStream, Nord Stream-2 projects.

Iraq will Begin Oil Export to Iran this Month Kirkuk is one of the largest oilfields in the Middle East, estimated to contain around nine billion barrels of recoverable oil.

BP Spend over $1billion in Egypt in 2018 The country owed $2.4billion (£1.7billion) at the end of June 2017 .

Oil Min Dismisses Claims on Oil for Fighter Jet Barter Under an initial agreement, Russia was expected to buy up to 500,000 b/d of oil in return for Russian equipment and commodities.

Eni's Chief Doesn't Think Oil Stay above $70 Growth in U.S. shale could average about 1 million barrels a day this year.

Iraq to Comply with OPEC Deal despite Oil Export Capacity Rise Iraq hoped to more than double production from the northern Kirkuk oilfields with the help of BP.