Tag Archives: Bernama

The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday, that Iraq possesses the fourth largest proven oil reserves in the world. National Iraqi news agency (NINA) reported OPEC stated in its annual report that proven crude oil reserves in the world amounted to 1,545,071 trillion barrels at the end …

Oil prices were up on Thursday over a more-than-expected decline in US crude oil inventories and on clashes between supporters of US President Donald Trump and the police in the Capitol in Washington, Anadolu Agency reported. International benchmark Brent crude was trading at US$54.80 per barrel at 0706 GMT for …

Oil prices retreated on Friday after oil workers in Norway called off a strike that had threatened energy production in the country, China’s Xinhua news agency reported. The West Texas Intermediate (WTI) for November delivery lost 59 cents to settle at US$40.60 dollars a barrel on the New York Mercantile …

Indonesia'.s oil and gas production reached a record 1.6 million barrels per day in the mid-1990s.

The planned listing of the world'.s biggest oil producer was to be the cornerstone of the kingdom'.s promised economic overhaul.

TNB is hosting the biennial event on behalf of the Association of the Electricity Supply Industry of East Asia and Western Pacific (AESIEAP).

Iran exports a wide range of oil products to Ghana including tar and various kinds of industrial oil.

The meeting will allow OPEC members to discuss ways to maintain oil market stability.