Energy ministers of Russia and Saudi Arabia discussed prospects of cooperation between both countries.
Read More »Refined Oil Exports Offset Saudi`s Crude Curbs
OPEC agreed to lower production in 2017 and has agreed to maintain output cuts for the whole of 2018.
Read More »Novak and Al-Falih Satisfied with Oil Market Rebalancing
Oman will host the joint ministerial monitoring committee. known as the JMMC. on Sunday.
Read More »Al-Falih Urges Oil Producers to Extend Cooperation Beyond 2018
Falih and UAE minister Suhail al-Mazroui said they did not think the rise in prices would hurt global demand for oil.
Read More »S. Korea Plans to Boost LNG Imports from Russia
Korean businessmen also intend to participate in the creation of a fishing industry complex on Nazimov Cape near Vladivostok.
Read More »Kuwait oil minister: not discussing exit strategy from supply cuts at Sunday meeting
OPEC. supported by Russia and other non-members. began to reduce output a year ago to remove an oil glut built up in the previous two years.
Read More »Toshiba Agrees to its Sell Westinghouse Nuclear Unit Assets to Boost Capital
The sale will end the Japanese conglomerate’s troubled foray into overseas nuclear power.
Read More »Iranian Tanker`s Oil Slick Is Now the Size of Paris
Sanchi had held a million barrels of light condensate oil. which is highly toxic and flammable.
Read More »ADNOC to Expand Use of Carbon Capture Technology
Volume of the greenhouse gas locked away underground will be equivalent to more than 1m vehicles each day.
Read More »Aramco is Ready for IPO as Listing Venues up in Air
The kingdom will decide where the stock will be traded. not the company.
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