Saudi Arabia’s April crude oil production was nearly steady with previous months.
Read More »OPEC Decision to be Made After Reviewing Oil Prices
OPEC is set to meet on June 25 in Vienna to discuss extending the agreement to cut output by 1.2 million b d beyond the end of June.
Read More »Syria Allows Planes of Qatar Airways to Use Airspace after 8 Years
The Syrian government has agreed to a request by the Qatari civil aviation authority to allow planes of Qatar Airways to fly over Syria. eight years after the Persian Gulf'.s peninsular state suspended its ties with Damascus.
Read More »US to Announce Iran Oil Sanctions Waivers Cancellation Starting May 2
The United States wants all countries to eventually cut their oil imports from Iran to zero.
Read More »Trump`s Dangerous Game
The U.S. administration is preparing to announce an end to sanction waivers for countries importing oil from Iran.
Read More »Saudi. Russia Oil Cooperation Is Set to Continue
Russia’s crude oil production in April stood at 11.24 million barrels per day. still slightly off its promised level of 11.191 million bpd.
Read More »Exxon`s Newest Discovery in Guyana
Exxon is now primarily focused on getting the most of the Permian and of the Guyana discoveries.
Read More »Cuba is China’s Newest Oil Hotspot
Cuba desperately needs new oil to help meet its energy needs.
Read More »Cuba is China’s Newest Oil Hotspot
Cuba desperately needs new oil to help meet its energy needs.
Read More »Russia Explores $164Bln Worth of Arctic Projects
President Vladimir Putin has promised tax incentives and other benefits to encourage companies to develop the Arctic region.
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