Petrobras has a lot of oil and lot of areas to exploit. but it doesn’t have enough funds to prospect all these areas.
Read More »Oil Prices Expected to Remain in $61-$65 Range in 2020
Economic conditions in the Gulf region are expected to moderately improve in 2020.
Read More »All Options Open at OPEC+ Meeting in March
OPEC+ is due to meet in Vienna on March 5 and 6 to set their policy.
Read More »Brazil Unlikely to Join OPEC as It Plans Unrestricted Output Expansion
The Latin American country is seeking feedback from global oil majors to improve participation in upcoming auctions.
Read More »China Looks to Promote Its Arctic Role
Novatek has now requested exemption from having to contract with a domestic shipyard.
Read More »Deal with OPEC Helps Russia Double Its National Wealth Fund
The group of 24 major oil producers. including Russia. has been trying to erase an oil glut.
Read More »US Imposes Sanctions on 15 Venezuelan Aircraft
Maduro has characterized the situation in the country as an attempted coup prompted by the United States.
Read More »Iran Ready to Coop. with Syria in Reconstruction of Educational Centers
Iran’s readiness to cooperate with Syria in rebuilding educational centers in the war-torn country.
Read More »Brook Green Supply Enters Into a Long-Term Wholesale Energy Supply Agreement with SCMI Limited
Richard Nicholls. Director and Head of Commercial at Brook Green Supply said that through this long-term partnership. SCMI will provide us the support required to scale our business and further develop our customer offering.
Read More »Libya on the Edge of a New Oil War
The Libyan situation is further complicated by recent developments in the East Mediterranean.
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