Ground Intervention in Syria Could Trigger ‘permanent world war’, Russia tells KSA

Russia has reacted to Saudi Arabia’s military deployment plans in Syria, saying it is a “bad” idea that could ignite a permanent war. Russian Prime Minister Dmitry Medvedev told German newspaper Handelsblatt that it is a “bad” idea because “a Read more

Qatar, Pakistan Sign 15year LNG agreement

Qatar Petroleum (QP) and Pakistan State Oil Company (PSO) have signed a 15year agreement providing for an annual supply of 3.75 million tons of Qatari Liquefied Natural Gas (LNG) per annum to Pakistan. The agreement will enter into force as Read more

Iran encourages oil sales with euros to replace dollars

Oil Minister Bijan Zanganeh said crude oil supplies will be increased because European companies have requested hundreds of crude oil barrels per day (bpd) during President Rouhani’s visit to Italy and France. Total agreed to buy 160,000bpd while Eni is Read more