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The facilities were built about 90 years ago and were used to store oil shipped through a pipeline from the northern Iraqi city of Kirkuk. (Shutterstock)

January 27th, 2019 - 08:33 GMT

Lebanon Signs With Rosneft to Operate Oil Installations in Tripoli

Lebanon has signed a deal with Russia's largest oil company, Rosneft, to upgrade and operate storage installations in the northern city of Tripoli.

Before the outbreak of civil war, Libya was producing about 1 million bpd. (AFP/File)

February 22nd, 2017 - 06:10 GMT

New deal with Russia's Rosneft brings hope for recovery of Libya's oil sector

Rosneft is Russia's largest oil producer. For the fourth quarter, the company said its net production was up 11.8 percent year-on-year for a new record high. (Shutterstock)

February 21st, 2017 - 05:24 GMT

Russia's Rosneft begins new drilling operations in Iraq

New exploration activity, boosted by the Zohr field, yielded 1.4 billion barrels of oil equivalent in what the company described as fresh resources. (File photo)

May 12th, 2016 - 07:00 GMT

Eni yields record production from Egypt's Zohr field

Al Bawaba

November 29th, 2015 - 09:00 GMT

Iran woos oil and gas giants at its biggest industry event

Al Bawaba

August 25th, 2015 - 07:51 GMT

Egypt's Sisi courts Moscow for free trade and nuclear energy deals

Israeli refineries have taken Kurdish crude oil before but in small volumes, which were shipped to Turkish ports by truck.

June 20th, 2014 - 01:01 GMT

Is this what 'autonomy' means? First Kurdish oil shipment headed to Israel

“We are not moving as some expected us to move. We are moving at our own pace..."

June 10th, 2013 - 09:46 GMT

Russian oil major Rosneft "in no rush" to sell non-core, less profitable assets

Russia has been confirmed as the world largest oil producer

January 7th, 2013 - 01:52 GMT

Russia beats Saudi to top of the oil league

British energy giant BP, the 15th-biggest company in terms of oil reserves, is relying on closer links with National Oil Companies to gain access to huge oil reserves in Gulf countries and Russia

July 4th, 2011 - 01:01 GMT

State oil companies hold keys to access for private sector

Oil

October 17th, 2010 - 09:37 GMT

Russia and Middle East control 63% of world oil and gas reserves and 39% of world oil and gas production

Al Bawaba

April 23rd, 2006 - 03:45 GMT

Expert: Russia overtakes Saudi Arabia as world's largest oil and fuel exporter

Al Bawaba

May 22nd, 2001 - 02:00 GMT

Russian Vice Premier to Visit Algeria