International energy firms will be invited to participate in India’s privatization of state-owned oil companies.
Read More »Abu Dhabi Adds 7 Billion Barrels of Oil to Its Reserves
The increase in the oil and gas reserves in the UAE makes the OPEC Middle Eastern producer 6th in both oil and gas reserves in the world.
Read More »ADNOC Drilling Completes Its First Offshore Integrated Drilling Services Well
ADNOC Drilling announced the completion of its first offshore integrated drilling services (IDS) well in Abu Dhabi’s Umm Lulu offshore oilfield.
Read More »Adnoc Buys Stake in Global Oil Storage Operator
In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.
Read More »ADNOC Plans to Launch Own Regional Oil Benchmark
ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.
Read More »Saudi will Supply an Extra 2 Million Barrels a Month to Indian Oil Corp from July
India had bought about 300.000 barrels per day (bpd) of Iranian oil under the six-month U.S. sanctions waiver.
Read More »Aramco to Buy Stake in Refining Business of India`s Reliance
Aramco is expanding its refining and petrochemical business globally.
Read More »India Seeks Saudi Investments to Bolster Crude Reserves
India has already built 5.33 million tons of underground reserves in three locations.
Read More »Aramco Plans to Ramp Up Refining Capacity in Asia
Aramco is also expanding its refining investments in China.
Read More »UAE. the New Swing Producer in the Middle East
The UAE pumped 3.175 million bpd in October and boosted further its output in November by 71.000 bpd to 3.246 million bpd.
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