Tag Archives: Asia

The biggest boost to Saudi exports to China comes from contracts inked with new refineries starting up this year and next.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Iraq sits on 153 billion barrels of proven crude reserves. but it needs higher quality fuel and gas for power turbines.

Over the past year. Russia has consolidated its position of China’s biggest oil supplier ahead of number-two Saudi Arabia.

Turkey would continue its drilling activities for the exploration of natural gas and oil sources in the region.

The output from the troika is the fastest-growing element in global oil supplies.

The US president first brought the subject up in a meeting with Iraq’s then-leader Haider al-Abadi in March last year.

Aramco said last week it would sign five crude oil supply agreements with Chinese customers.

The spending would be in addition to the oil giant'.s proposed purchase of a majority stake in SABIC.

Oil price hit their low for the year Friday as U.S. production continued to grow.