Iranian Gas Engineering and Development Company implemented projects worth $900 million to expand the national gas grid during the previous fiscal year that ended in March, the head of IGEDC said.
The National Iranian Oil Company has approved a roadmap to expand exploration and production in five oil and gas blocks in line with efforts to raise crude and natural gas output.
Kuwait will back efforts made to restore balance to the world's oil markets and eliminate a supply surplus, expecting a deal extending production cuts during the coming OPEC and non- OPEC producers'...