Middle East oil producers and Russia have forged closer ties since striking a deal to cut global crude output in a bid to remove a glut in supplies.
Read More »OMV to Maintain Cooperation with Iran
OMV is an international. integrated oil and gas company. headquartered in Vienna.
Read More »Sinopec to Boost U.S. Crude Imports to All-Time High
China prefers a heavier quality of crude whereas the bulk of U.S. oil exports is light crude. the source said.
Read More »Shell in Court over Oil Spills
The Bodo oil spills have been the subject of years of legal wrangling.
Read More »Total to Expand East Med Oil. Gas Exploration
U.S. energy giant ExxonMobil - with Qatar Petroleum - is scheduled to conduct drilling off Cyprus in the second half of 2018.
Read More »Rosneft Starts Drilling at New Well Offshore Vietnam
Rosneft said that production offshore Vietnam is very profitable.
Read More »PetroChina Rise Gas Supply to Help Meet Demand
PetroChina raised April gas supplies by 14 percent over a year earlier.
Read More »Pergas Enters the Game As French Total Warns Leave Iran
British Pergas seems to do little business in the United States. which potentially boosts its freedom to operate in Tehran.
Read More »Azerbaijan Invites US Companies to Invest in Non-Oil Sector
The US is ready to work closely with the countries of the region in this direction.
Read More »Vitol. Glencore. Shell Eye Petrobras’ Nigerian Assets
The world’s three largest oil traders are competing to buy the African arm of Brazil’s Petrobras that owns stakes in two major Nigerian offshore oil blocks.
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