Kuwait is the Middle East region’s fifth-biggest oil producer but has limited gas resources.
Read More »US Sanctions on Iran. Trade Disputes Brings Political Risk to Oil Markets
The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.
Read More »Iraq`s Southern Oil Exports Head for Record High in August
Southern Iraqi exports in the first 19 days of August averaged 3.7 million barrels per day.
Read More »Saudi Arabia to Build Oil Port in Yemen
Earlier this month. Yemen was said to have resumed oil exports.
Read More »Russia Is Ready for Sanctions against Nord Stream-2 Pipeline
The Nord Stream-2 pipeline is going to be 1.2 thousand km long. with capacity of 55 billion cubic meters of gas per year.
Read More »Gulf Exporters Benefit as Battle for Asia Market Share Heats Up
A tariff war between China and the US may damage global trade but could benefit Gulf oil exports.
Read More »US Ready to Slap Sanctions on China over Iran Oil Imports
China imports more than one-quarter of Iran’s oil.
Read More »Equinor`s Oil and Gas Discovery Near Gudrun Field in North Sea
The discovery has been made at well 15 3-11 on the 15 3-4 (Sigrun) located in production license 025. following drilling.
Read More »Aramco Committed to Meeting Future Oil Demand
The world’s top oil exporter is boosting its output of the natural gas.
Read More »Iraqi Southern Oilfields Export 3.6 mln bpd so far in August
Iraq exported 3.543 million bpd of crude oil in July.
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