The final decision sent both main oil contracts plunging Thursday. which in turn dragged energy firms lower.
Read More »Aramco `will Spend $18bn on Americas Growth`
Saudi state giant to focus on US refining offshoot Motiva in five-year Americas growth plan.
Read More »Abu Dhabi Closes $872 Million Financing for World`s Largest Solar Plant
The project is ADWEA'.S first foray into renewable energy.
Read More »South Africa Wants Sinopec to Retain Refinery Capacity
Sinopec will pay almost $1 billion for a 75 percent stake in Chevron Corp'.s South African assets and its subsidiary in Botswana .
Read More »Naftogaz will Reduce Gas Imports by 15-20% in June
Ukraine saw a 32.7% decrease in gas imports in 2016 from 2015. to 11.078 bcm.
Read More »Iran Oil Minister. Total CEO Meet in Vienna
The today OPEC meeting is to focus on the extension of the November 2016 agreement on cutting oil supply.
Read More »Signing contract for local Manufacturing of CRA PIPES
NIGC Seeks Increased Share of Global Gas Market
Our production level. standing at 850 million cubic meters per day. is not proportional to our exports.
Read More »General Electric Signs 1 Billion Riyal Deal to Build Gas Turbines in Saudi Arabia
GE and Dussur signed a memorandum of understanding last year that is expected to result in nearly 3.75 billion riyals of investment.
Read More »India May Invest in Saudi Aramco Next Year to Strengthen Ties
India. the world'.s third biggest oil consumer. imports 86 percent of its oil needs from OPEC nations.
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