Chinese oil product consumption between January and August rose by 5.8 percent compared to the same period last year.
Read More »Petchems will Drive more than a Third of Oil Demand Growth by 2030
Aramco. the world’s biggest oil producing company. is in talks to acquire a stake in Sabic. the region’s biggest petchems producer.
Read More »Two Indian Companies will buy Iranian Oil in November
India is discussing its options to buy Iranian oil with all authorities.
Read More »Two Indian Companies will buy Iranian Oil in November
India is discussing its options to buy Iranian oil with all authorities.
Read More »Baker Hughes to Pay $550 Million for 5 Percent Stake in Adnoc
Baker Hughes is working across the region including in Saudi Arabia and Egypt’s supergiant Zohr gasfield in the Mediterranean.
Read More »Saudi Arabia will not be Able to Fill Looming Oil Supply Gap
Saudi Arabia has been under pressure by the US to pump more barrels to prevent oil prices from overheating.
Read More »Saudi Stocks Lead Gulf Drop as Aramco IPO Confirmed
The stalled plan to sell shares in oil giant Aramco will go ahead.
Read More »Oman Strengthens Ties with Iran despite U.S. Sanctions Loom
Iran is expected to add a massive amount of pipeline to infrastructure across the Middle East in the coming years.
Read More »Saudi Crown Prince Predicts Russia & China’s Exit from Oil Market
The bold claim was made by the Saudi crown prince Mohammed bin Salman during a lengthy interview with Bloomberg. published Friday.
Read More »India. Russia Cooperation on Russian LNG. Oil Field Development
India has embarked on the path of becoming a gas-based economy.
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