Iraq and Kuwait agreed to work with a global consulting company to evaluate potential oil reserves on the border areas, Iraq's Oil Minister Thamir Ghadhban said Sunday.
ndia's oil imports from Iran slumped 27% to a five-month low in August from a high base last year and ahead of a planned shutdown by two refineries, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.
A state oil firm loyal to Libya's official government based in the east of the country has invited foreign oil firms to discuss existing oil purchase contracts at a conference in Dubai next month, it said in a statement.
Iraq and Kuwait agreed to work with a global consulting company to evaluate potential oil reserves on the border areas, Iraq's Oil Minister Thamir Ghadhban said Sunday.
DUBAI- South Sudan will run a balanced budget this year and its economy will rebound as oil production rises and a peace deal progresses, the country's finance minister said on Wednesday.
Yunigreen has announced the construction of two lube oil hydrofinishing units in Yanbu Industrial City, Saudi Arabia, to produce Group II base oils from waste oil.
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