The Saudi OPEC governor and Saudi national representative at OPEC are in communication with many countries to invite them to the meeting.
Read More »Iraq’s Giant Majnoon Oilfield Attracts Attention of Supermajors
Iraq’s state oil companies will continue work on Majnoon even without a foreign partner in the mix. come June 2018.
Read More »The End of Oil
World’s Largest Fund to Dump Oil Investments. Invest Away From Oil.
Read More »Saudi Non-Oil Revenues up 80% as Reforms Pay Off
The former statistic highlights ``the feasibility of the economic reforms`` underway.
Read More »Russia and OPEC on Collision Course over Oil Supply Pact
OPEC and Russia are likely to apply a supply curb deal beyond its March 2018 expiry.
Read More »After Venezuela’s Default on Debt. These 7 Nations are the most Riskiest and One Is India’s Neighbor
Lebanon. Egypt. Pakistan and Bahrain — haven’t recorded a default event since their independence.
Read More »Abu Dhabi’s Adipec Draws Record Crowds as Oil Market Sentiment Improves
At least US$10bn of deals signed at flagship industry event. including Adnoc partnership with China’s state oil company.
Read More »Russia will Never Break Its Dependence on Oil
Economics says the reason for the GDP growth deceleration was a slowdown in the growth of the industrial production sector.
Read More »UAE Joins Gathering Consensus to Extend Oil Output Cuts
Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.
Read More »Saudi Aramco to Invest $300 Billion in Upstream Projects
Last week. Aramco signed US$4.5 billion worth of total contracts with international companies to boost its gas production and processing capacity.
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