International

Aramco’s huge oil reserves with SABIC doesn’t automatically create much value.

Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.

India is Iran’s top oil client. and it is also one of the countries that are most heavily dependent on oil imports.

Looking to build on recent success. BP. Eni and Shell have all been aggressively approving greenfield projects during the downturn.

Aramco pumps around 10 million bpd of crude oil.

Economy to grow 1.9% in 2018. boosted by economic reforms and oil output increases.

In 2016 and 2017. Chile exported excess electricity to Argentina through the single power line that currently connects the two countries.

Iraq continued to be the top oil supplier to India in the April-June period.

The cash from the IPO would have given the Saudi sovereign wealth fund fire-power for fresh deals.

Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.