The decision to keep cutting or start ramping up needs to be unanimous.
Read More »China to Stomp Out Inefficiencies in Natural Gas Market
China is implementing a new policy to improve the efficiency of its natural gas market.
Read More »OPEC to Mull New Ways to Control Oil Stockpiles
OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.
Read More »Saudi Arabia Ready to Lessen Impact of Iran Oil Sanctions
After the last round of sanctions were announced in 2011. Saudi Arabia boosted its production.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Iran Oil Exports Hit Record in April
Iran'.s oil exports to India were over 50% higher than that of last fiscal year.
Read More »Saudi Arabia`s economic Renovation is still Dependent on Oil Prices
Middle Eastern oil exporters had to constrain government spending in recent years after crude prices slid in 2014.
Read More »Aramco Appoints First Woman to the Board
Elsenhans was named by Forbes as one of the world’s most powerful women in 2008.
Read More »BP Chief Executive Bob Dudley Poisoned in Russian Plot
Bob Dudley. the American boss of the oil giant. was forced to flee Russia in 2008 .
Read More »Another OPEC Member Suffering from Sharp Decline
While plunging output in Venezuela captures the oil world’s attention. problems are quietly festering in another OPEC nation.
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