Iran’s current exports are more than twice what they were before energy sanctions were eased in January 2016.
Read More »Aramco. Total Eye Saudi Petrol Station Market
Other large energy majors are looking to divest distribution assets and focus more on core exploration activities.
Read More »Exxon Has Challenge in Iraq as Oil and Water Mix
Many of the world’s biggest oil companies. like BP. Total. Royal Dutch Shell and Eni. have operations in Iraq.
Read More »Libya Fuel Smuggling Costing $750 Million a Year
Libya. holder of Africa’s largest crude reserves and an OPEC member. is already reeling from political divisions.
Read More »Libya`s Big Challenge. Fuel Smuggling
Between 30 and 40 percent of fuel refined in Libya or imported into the country is stolen or smuggled.
Read More »OPEC Mulling Longer Oil Cuts at June Meeting
OPEC and other suppliers including Russia will discuss continuing the global production limits beyond the end of the year.
Read More »Iraq Extends International Oil Auction
The region'.s second-largest producer had earlier invited bids by April 15.
Read More »Oil Cuts Removed ‘85% of the Problem’ of Oversupply
Russia has been a ``great partner`` in the cuts agreement.
Read More »OPEC Curbs Oil Shipments to U.S. Refiners
Ecuador cut shipments to the United States by 86 percent and Kuwait cut exports by 58 percent. week-over-week.
Read More »BP To Drill First Deepwater Mexican Well By 2020
Mexico has been eagerly seeking foreign investment in its oil industry over the last couple of years.
Read More »