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Gulf states have a joint defense force under the Gulf Cooperation Council (GCC).
Read More »Arab Leaders Summit over Attacks on Oil Assets
Arab Leaders Summit over Attacks on Oil Assets
Gulf states have a joint defense force under the Gulf Cooperation Council (GCC).
Read More »Oil Prices Gain on Fall in U.S. Crude Inventories
The market is expecting the EIA to report a 900.000-barrel drop in crude stockpiles for the week ended May 24.
Read More »Canadian Natural Resources Buys Devon`s Canada Unit for $2.8 Billion
Canadian Natural Resources agreed to buy the Canadian business of Devon Energy for C$3.8 billion ($2.8 billion). gaining heavy-oil assets in the province of Alberta.
Read More »Oil Slumps as U.S.-China Trade Hostilities Escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth.
Read More »Falling Russian Crude Output Lifts Brent Oil Prices
Russian oil production continues to trend lower in May as exports via the Druzhba oil pipeline have been restricted due to a contamination issue.
Read More »Norwegian Oil Patch Ramps Up Spending To Counter Decline
Norway’s oil and gas companies plan to spend 17 percent more this year. at about US$21.11 billion as they step up their exploration.
Read More »The Second Machine Age Could Crash Oil Prices
Forecasters at these major oil organizations simply do not understand that we are in a new age of rapid technological advancement and innovation.
Read More »The Single Biggest Challenge For The Oil & Gas Industry
New oil and gas discovered through high-impact drilling fell by as much as 50 percent between 2014 and 2018.
Read More »Operation and Desalination Unit of Masjed Soleiman
