Aramco already brought back part of the lost production and will return to pre-attacks level end of September.
Read More »Qatar Petroleum and Shell will Form LNG Bunkering JV
The new entity will support the purchase and sale of LNG as a marine fuel to customers around the world.
Read More »Saudi Arabia to Restore Oil Output Fully by End of September
Aramco had put out 10 fires in the span of seven hours after the ".huge". assault.
Read More »Saudi Oil Supply Crisis. A Boon to Brazil
Brazil’s oil production is set to grow in the near term.
Read More »Saudi Arabia Shuts Down Pipeline to Bahrain after Drone Attacks
Analysts predict that if disruption to production lasts for too long. oil prices will spike.
Read More »Oil Prices Rise after Attacks Halve Saudi Output
A sharp rise in oil prices also comes at a delicate time for the global economy.
Read More »Geopolitical Risks Highlights Fragile Oil Supply Chain
The demonstration of the oil sector’s vulnerability hasn’t come at a good time for the Saudis.
Read More »Saudi Arabia Temporarily Cuts Oil Production
Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.
Read More »US Natgas Prices To Fall To Lowest Since 1970s
Spot prices at the Henry Hub have averaged $2.62 so far in 2019.
Read More »Iran Sanctions Relief wouldn`t Prompt OPEC+ to Discuss Oil Cuts
Iran'.s crude exports and production have plummeted because of the sanctions.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel